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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
The amount (capital) recieved by bank after issuing shares is called:
Question # 2
For commercial banks deposits are.
Question # 3
In Pakistan before 1974 commercial Banks were formed under.
Question # 4
Which amount is available for salaried and low income persons:
Question # 5
Over draft facility is only provided on:
Question # 6
Commercial bank can be regarded by nature as
Question # 7
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 8
Heart of Financial Structure.
Question # 9
Which is teh secondary function of commercial bank.
Question # 10
Commercial bank creates the following Money
Question # 11
Current account is suitable for
Question # 12
Because of high reserve ratio the credit creation power.
Question # 13
Increase in ratio of cash reserve of scheduled banks.
Question # 14
The important (basic) kinds of accounts opened in commercial banks are:
Question # 15
Which of the following is a limitation in credit creation
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 2 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 5 | Increase in ratio of cash reserve of scheduled banks. |
A. Increase of credit creation
B. Stop credit creation
C. Decreased in credit creation
D. None of these
|
| 6 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 7 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
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| 8 | Which of the following functions is performed by commercial bank |
A. Issuance of currency notes
B. Credit creation
C. Rediscounting of bills
D. Preparation of monetary policy
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| 9 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 10 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
Test Questions