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ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Start Chapter 2 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test
00:00
Question # 1
While deposting money in your a/c you must use.
Question # 2
Commercial bank can be regarded by nature as
Question # 3
To make payments of variable amounts to a stated A/c
Question # 4
The forms of cash reserve of commercial bank:
Question # 5
Over draft facility is only provided on:
Question # 6
A commercial bank keeps less cash reserve if:
Question # 7
To make regular payments of a fixed amount to a stated A/c
Question # 8
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 9
The part of deposits kept with the central bank is called:
Question # 10
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 11
Exchange banks are commonly known as.
Question # 12
Heart of Financial Structure.
Question # 13
Which of the following is not an example of plastic money
Question # 14
Banking companies ordinace is
Question # 15
Which is the secondary function of a commercial bank.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
H Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15 -
Z z 10 - Mar - 2024 01 Min 06 Sec 13/15 -
F Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15 -
S Salman Abu Talha 12 - Jun - 2023 02 Min 16 Sec 13/15 -
D Dawood Baloch 09 - Sep - 2023 02 Min 34 Sec 12/15 -
A ayesha 21 - Nov - 2023 01 Min 36 Sec 11/15 -
M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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K Kainat Mudasar 26 - Apr - 2024 06 Min 40 Sec 11/15 -
W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 2 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 3 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 4 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 5 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 6 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 7 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 8 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 9 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 10 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan