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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
Because of low Reserve Ratio the credit creation power.
Question # 2
Polymer Currency includes
Question # 3
While depositing money in your a/c , you must use.
Question # 4
Quaid -e-Azam opened his bank account in.
Question # 5
Current account is suitable for
Question # 6
Which of the following is a limitation in credit creation
Question # 7
In Pakistan the bank nationalized Act is.
Question # 8
Decreas in cash reserve ratio of scheduled Banks.
Question # 9
What kind of power does commercial bank possess regarding credit creation
Question # 10
Credit card payments are considered.
Question # 11
Which one is not the feature of good Banking system.
Question # 12
The important (basic) kinds of accounts opened in commercial banks are:
Question # 13
Which amount is available for salaried and low income persons:
Question # 14
To make payments of variable amounts to a stated A/c
Question # 15
The kind of loan according to issue
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 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 2 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 3 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 4 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 5 | 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
|
| 6 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 7 | Which bank does discount the bills of public |
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
|
| 8 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 9 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 10 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
Test Questions