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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
Over draft facility is only provided on:
Question # 2
United Bank Ltd. was formed on.
Question # 3
The current account nd saving account is also called
Question # 4
Which one is not the feature of good Banking system.
Question # 5
What kind of power does commercial bank possess regarding credit creation
Question # 6
Banking companies ordinace is
Question # 7
For its customers a commercial bank sells and buys:
Question # 8
The kind of loan according to issue
Question # 9
The life blood of acomemrcial bank.
Question # 10
For commercial banks " Advancing loans' are.
Question # 11
The loans on which high rate of interest is charged :
Question # 12
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 13
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 14
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 15
Bank draft is issued by the bank when the debtor and creditor belngs to.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 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 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 4 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 5 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 6 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 7 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 8 | 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
|
| 9 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 10 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
Test Questions