Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
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"
-
Total Questions15
-
Time Allowed20
Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test
00:00
Question # 1
For more credit creation a bank must have.
Question # 2
For commercial baks deposits are.
Question # 3
Commercial bank advises its customers on
Question # 4
Commercial bank creates credit
Question # 5
Exchange banks are commonly known as.
Question # 6
Which one is not the feature of good Banking system.
Question # 7
A commercial bank keeps less cash reserve if:
Question # 8
The amount (capital) recieved by bank after issuing shares is called:
Question # 9
the card which can be used to pay for goods purchased.
Question # 10
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 11
To make regular payments of a fixed amount to a stated A/c
Question # 12
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 13
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 14
Credit card payments are considered.
Question # 15
What kind of power does commercial bank possess regarding credit creation
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 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 2 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 3 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 4 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 5 | Bank draft is issued by the bank when the debtor and creditor belngs to. |
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
|
| 6 | 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
|
| 7 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 8 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 9 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All 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