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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
Which is the Primary functionof a commercial bank.
Question # 2
The forms of cash reserve of commercial bank:
Question # 3
For commercial banks " Advancing loans' are.
Question # 4
Decreas in cash reserve ratio of scheduled Banks.
Question # 5
Heart of Financial Structure.
Question # 6
Which of the following is a valid method of receiving payment from debtors.
Question # 7
The life blood of acomemrcial bank.
Question # 8
Why commercial banks keep a certain amount of money as reserve
Question # 9
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 10
In Pakistan before 1974 commercial Banks were formed under.
Question # 11
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 12
While depositing money in your a/c , you must use.
Question # 13
The loans on which high rate of interest is charged :
Question # 14
Which affairs of Banks are revealed by articles of Banks.
Question # 15
If a credit card is lost, what should the holder do.
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 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 2 | 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
|
| 3 | If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
|
| 4 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 5 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 6 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 7 | In Pakistan before 1974 commercial Banks were formed under. |
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of 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 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
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| 10 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
Test Questions