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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 important (basic) kinds of accounts opened in commercial banks are:
Question # 2
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 3
The kind of loan according to issue
Question # 4
Commercial bank create money.
Question # 5
Which amount is available for salaried and low income persons:
Question # 6
the card which can be used to pay for goods purchased.
Question # 7
The part of deposits kept with the central bank is called:
Question # 8
United Bank Ltd. was formed on.
Question # 9
Current account is suitable for
Question # 10
If a credit card is lost, what should the holder do.
Question # 11
Commercial bank is called:
Question # 12
Exchange banks are commonly known as.
Question # 13
Which of the followig is not an example of Plastic money.
Question # 14
The higer the cash reserve ratio.
Question # 15
Which of the following is a valid method of receiving payment from debtors.
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 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
|
| 2 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 3 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 4 | If a credit card is lost, what should the holder do. |
A. Report to employer
B. Report to bank
C. Report to insurance co.
D. All the above
|
| 5 | 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
|
| 6 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 7 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
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| 8 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
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| 9 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 10 | 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
|
Test Questions