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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
In Pakistan before 1974 commercial Banks were formed under.
Question # 2
Which is the secondary function of a commercial bank.
Question # 3
Which of the following functions is performed by commercial bank
Question # 4
For commercial banks " Advancing loans' are.
Question # 5
Quaid -e-Azam opened his bank account in.
Question # 6
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 7
Commercial bank can be
Question # 8
Exchange banks are commonly known as.
Question # 9
Decreas in cash reserve ratio of scheduled Banks.
Question # 10
The relation ship between Cash Reserve and credit creation is.
Question # 11
Formula for calculating total credit creation:
Question # 12
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 13
Which of the following is a limitation in credit creation
Question # 14
The important (basic) kinds of accounts opened in commercial banks are:
Question # 15
Which of the followig is not an example of Plastic money.
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 forms of cash reserve of commercial bank: |
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
|
| 2 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 3 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 4 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
| 5 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 6 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 7 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 8 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 9 | 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
|
| 10 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan