12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

Start Chapter 2 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

00:00
Question # 1

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 2

If a credit is lost, what shuld the holder do.

Question # 3

Which of the folloiwng is a valid method of receivig payment from debtors.

Question # 4

To make payments of variable amounts to a stated A/c

Question # 5

Which is the secondary function of a commercial bank.

Question # 6

Heart of Financial Structure.

Question # 7

The current account nd saving account is also called

Question # 8

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 9

Increase in ratio of cash reserve of scheduled banks.

Question # 10

Cash reserve of commercial Banks includes.

Question # 11

In Pakistan before 1974 commercial Banks were formed under.

Question # 12

Which one is not the feature of good Banking system.

Question # 13

United Bank Ltd. was formed on.

Question # 14

Banking companies ordinace is

Question # 15

Which affairs of Banks are revealed by articles of Banks.

Prepare Complete Set Wise Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQs Online With Answers


Topic Test

00:00

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

  • 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 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
2 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
3 Increase in ratio of cash reserve of scheduled banks.
A. Increase of credit creation
B. Stop credit creation
C. Decreased in credit creation
D. None of these
4 Which bank does keep the precious articles of public into its custody
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
5 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
6 Decreas in cash reserve ratio of scheduled Banks.
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
7 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
8 The primary function of commercial bank are
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
9 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
10 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957

Test Questions