12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Because of high reserve ratio the credit creation power.	A. Constant B. Increases C. Decreases D. Zero
2	The loan which can be demanded by bank at anytime:	A. Overdraft B. Demand loans C. Bills of exchange D. All of the above
3	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
4	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
5	For commercial banks deposits are.	A. Assets B. Liabilities C. Income D. Expense
6	The part of deposits kept with the central bank is called:	A. Cash reserve B. Margin C. Interest rate D. All of the above
7	Commercial bank can be	A. Scheduled B. Foreign C. Non Sheduled D. All these
8	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
9	Commercial bank create money.	A. Metallic B. Credit C. Paper D. All these
10	A commercial bank keeps less cash reserve if:	A. Cheque is used in most of the transactions B. Cheque house facilty is available C. Rediscounting facility is available D. All of the above