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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
For more credit creation a bank must have.
Question # 2
Heart of Financial Structure.
Question # 3
Which of the following is a limitation in credit creation.
Question # 4
To make payments of variable amounts to a stated A/c
Question # 5
United Bank Ltd. was formed on.
Question # 6
Which bank does accept the deposits from public
Question # 7
The primary function of commercial bank are
Question # 8
Why commercial banks keep a certain amount of money as reserve
Question # 9
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 10
Credit card payments are considered.
Question # 11
Which is teh secondary function of commercial bank.
Question # 12
Current account is suitable for
Question # 13
Which is the secondary function of a commercial bank.
Question # 14
The amount in fixed deposit can be
Question # 15
The documents which present a summary and balance of accounts of an A/C holder in 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 -
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Z z 10 - Mar - 2024 01 Min 06 Sec 13/15 -
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M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 2 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 3 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
|
| 4 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 5 | Commercial bank can be regarded by nature as |
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
|
| 6 | The relation ship between Cash Reserve and credit creation is. |
A. No relationship
B. Direct
C. Inverse
D. One way
|
| 7 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
| 8 | 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
|
| 9 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 10 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
Test Questions