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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
Polymer Currency includes
Question # 2
In Pakistan the bank nationalized Act is.
Question # 3
The current account nd saving account is also called
Question # 4
To make regular payments of a fixed amount to a stated A/c
Question # 5
Which of the following is not an example of plastic money
Question # 6
Commercial bank advises its customers on
Question # 7
Quaid -e- Azam opened his bank account in.
Question # 8
While depositing money in your a/c , you must use.
Question # 9
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 10
Current account is suitable for
Question # 11
Cash reserve of commercial Banks includes.
Question # 12
The kind of loan according to issue
Question # 13
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 14
The relation ship between Cash Reserve and credit creation is.
Question # 15
Exchange banks are commonly known as.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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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 | The commercial banks may be: |
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
|
| 2 | For more credit creation a bank must have. |
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
|
| 3 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 4 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
|
| 5 | 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
|
| 6 | Which of the following is a valid method of receiving payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 7 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 8 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
| 9 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 10 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
Test Questions