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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 high reserve ratio the credit creation power.
Question # 2
The amount in fixed deposit can be
Question # 3
To make regular payments of a fixed amount to a stated A/c
Question # 4
Commercial bank create money.
Question # 5
Because of low Reserve Ratio the credit creation power.
Question # 6
While depositing money in your a/c , you must use.
Question # 7
Over draft facility is only provided on:
Question # 8
The life blood of acomemrcial bank.
Question # 9
Process of credit creation by
Question # 10
Which of the following is a limitation in credit creation.
Question # 11
The amount (capital) recieved by bank after issuing shares is called:
Question # 12
The kind of loan according to issue
Question # 13
The current account nd saving account is also called
Question # 14
A commercial bank keeps less cash reserve if:
Question # 15
Commercial bank creates credit
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 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 2 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 3 | Which bank does discount the bills of public |
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
|
| 4 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 5 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 6 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 7 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 8 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 9 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 10 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
Test Questions