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

While depositing money in your a/c , you must use.

Question # 2

Over draft facility is only provided on:

Question # 3

The primary function of commercial bank are

Question # 4

If a credit card is lost, what should the holder do.

Question # 5

The forms of cash reserve of commercial bank:

Question # 6

The loans on which high rate of interest is charged :

Question # 7

Commercial bank can be

Question # 8

To make regular payments of a fixed amount to a stated A/c

Question # 9

Commercial bank is called:

Question # 10

Which account is called non operating account.

Question # 11

Because of high reserve ratio the credit creation power.

Question # 12

For commercial banks deposits are.

Question # 13

Process of credit creation by

Question # 14

The amount (capital) recieved by bank after issuing shares is called:

Question # 15

For commercial baks deposits 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 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
2 The amount in fixed deposit can be
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
3 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
4 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
5 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
6 The important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless
7 Which of the followig is not an example of Plastic money.
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
8 The amount (capital) recieved by bank after issuing shares is called:
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
9 To make regular payments of a fixed amount to a stated A/c
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
10 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

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