12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

Cash reserve of commercial Banks includes.

Question # 2

Which of the following is a valid method of receiving payment from debtors.

Question # 3

Commercial bank creates the following Money

Question # 4

For commercial baks deposits are.

Question # 5

Which of the following is not an example of plastic money

Question # 6

The documents which present a summary and balance of accounts of an A/C holder in bank.

Question # 7

Which is the Primary functionof a commercial bank.

Question # 8

Over draft facility is only provided on:

Question # 9

Quaid -e- Azam opened his bank account in.

Question # 10

Which of the following functions is performed by commercial bank

Question # 11

Quaid -e-Azam opened his bank account in.

Question # 12

Increase in ratio of cash reserve of scheduled banks.

Question # 13

The life blood of acomemrcial bank.

Question # 14

Polymer Currency includes

Question # 15

The important (basic) kinds of accounts opened in commercial banks are:

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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 Because of high reserve ratio the credit creation power.
A. Constant
B. Increases
C. Decreases
D. Zero
2 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
3 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
4 If a credit is lost, what shuld the holder do.
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
5 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
6 Which of the following is meant for presenting a summary and balance of accounts of bank customers
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
7 Pay Order is issued by the bank when the debtor and creditor belongs to.
A. Two different cities
B. With in same city
C. Two different counties
D. All these
8 The amount in fixed deposit can be
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
9 The documents which present a summary and balance of accounts of an A/C holder in bank.
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
10 Decreas in cash reserve ratio of scheduled Banks.
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation

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