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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
Current account is suitable for
Question # 2
Commercial bank is called:
Question # 3
Credit card payments are considered.
Question # 4
The amount (capital) recieved by bank after issuing shares is called:
Question # 5
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 6
A commercial bank keeps less cash reserve if:
Question # 7
Present commercial Banks are teh Developed form of the business of.
Question # 8
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 9
For commercial baks deposits are.
Question # 10
Banking companies ordinace is
Question # 11
Which affairs of Banks are revealed by articles of Banks.
Question # 12
Which of the following is a valid method of receiving payment from debtors.
Question # 13
For more credit creation a bank must have.
Question # 14
Cash reserve of commercial Banks includes.
Question # 15
Which account is called non operating account.
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 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
H Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15 -
Z z 10 - Mar - 2024 01 Min 06 Sec 13/15 -
F Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15 -
S Salman Abu Talha 12 - Jun - 2023 02 Min 16 Sec 13/15 -
D Dawood Baloch 09 - Sep - 2023 02 Min 34 Sec 12/15 -
A ayesha 21 - Nov - 2023 01 Min 36 Sec 11/15 -
M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
A Azhar Malik 05 - Feb - 2024 02 Min 19 Sec 11/15 -
A Abdul Waheed 04 - May - 2024 02 Min 50 Sec 11/15 -
K Kainat Mudasar 26 - Apr - 2024 06 Min 40 Sec 11/15 -
W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | To make payments of variable amounts to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
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| 2 | 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
|
| 3 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 4 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 5 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 6 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
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| 7 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 8 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
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| 9 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 10 | 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
|
Test Questions