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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
Cash reserve of commercial Banks includes.
Question # 2
Why commercial banks keep a certain amount of money as reserve
Question # 3
The loans on which high rate of interest is charged :
Question # 4
Heart of Financial Structure.
Question # 5
Which of the following functions is performed by commercial bank
Question # 6
Commercial bank can be
Question # 7
Commercial bank create money.
Question # 8
To make payments of variable amounts to a stated A/c
Question # 9
Which of the following is a limitation in credit creation.
Question # 10
The life blood of acomemrcial bank.
Question # 11
What kind of power does commercial bank possess regarding credit creation
Question # 12
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 13
The important (basic) kinds of accounts opened in commercial banks are:
Question # 14
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 15
For commercial banks deposits are.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
| 2 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 3 | Bank draft is issued by the bank when the debtor and creditor belngs to. |
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
|
| 4 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 5 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 6 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 7 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 8 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 9 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 10 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
Test Questions