2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
ic

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 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
2 Which of the followig is not an example of Plastic money.
  • A. Debit card
  • B. ATM card
  • C. Credit card
  • D. Currency notes
3 The important (basic) kinds of accounts opened in commercial banks are:
  • A. Two
  • B. Three
  • C. Four
  • D. countless
4 Which bank does keep the precious articles of public into its custody
  • A. Central bank
  • B. Industrial bank
  • C. Commercial bank
  • D. None of these
5 Process of credit creation by
  • A. Central bank
  • B. Commercial banks
  • C. Both of these
  • D. None of these
6 Habib Bank Limited was formed on.
  • A. 1941
  • B. 1931
  • C. 1951
  • D. 1961
7 Why commercial banks keep a certain amount of money as reserve
  • A. Meeting the requirements of customers
  • B. Meeting the requirements of central bank
  • C. Acquiring the satisfaction of having cash
  • D. Expanding the banking business
8 Which of the following is a limitation in credit creation
  • A. Initial deposit
  • B. Use of cheques
  • C. Use of currency
  • D. All of these
9 Commercial bank advises its customers on
  • A. Household matters
  • B. Financial matters
  • C. Political matters
  • D. All the above
10 Which one is not the feature of good Banking system.
  • A. Economic development
  • B. Inflation
  • C. Larger Capital
  • D. TYrust of public

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

N

Noor Us Sahar

Mianwali26 - Feb - 2025

13/15
05 Mins 17 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

12/15
03 Mins 16 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

11/15
05 Mins 28 Sec
W

Waiz Sharif

Lahore11 - Jan - 2025

10/15
01 Mins 42 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

10/15
04 Mins 33 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

9/15
04 Mins 05 Sec
K

Kaamir Instruments

Lahore23 - Feb - 2025

8/15
04 Mins 29 Sec
A

Ahamed Rana

Lahore15 - Feb - 2025

8/15
04 Mins 34 Sec

Share your comments questions here
Sort By:
  • M

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

    Like
    Reply
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer