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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
Credit card payments are considered.
Question # 2
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 3
Commercial bank create money.
Question # 4
The commercial banks may be:
Question # 5
Commercial bank can be regarded by nature as
Question # 6
Decreas in cash reserve ratio of scheduled Banks.
Question # 7
Over draft facility is only provided on:
Question # 8
Because of low Reserve Ratio the credit creation power.
Question # 9
Which of the following is a limitation in credit creation.
Question # 10
Commercial bank creates the following Money
Question # 11
The amount in fixed deposit can be
Question # 12
The amount (capital) recieved by bank after issuing shares is called:
Question # 13
Which account is called non operating account.
Question # 14
Which bank does keep the precious articles of public into its custody
Question # 15
Which is the Primary functionof a commercial bank.
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 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 2 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 3 | 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
|
| 4 | The forms of cash reserve of commercial bank: |
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
|
| 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 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 7 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
|
| 8 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 9 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 10 | Which of the following is a valid method of receiving payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
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Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan