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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
Which bank does accept the deposits from public
Question # 2
Commercial bank can be regarded by nature as
Question # 3
Quaid -e- Azam opened his bank account in.
Question # 4
While deposting money in your a/c you must use.
Question # 5
The current account nd saving account is also called
Question # 6
Formula for calculating total credit creation:
Question # 7
Process of credit creation by
Question # 8
Cash reserve of commercial Banks includes.
Question # 9
The loans on which high rate of interest is charged :
Question # 10
To make payments of variable amounts to a stated A/c
Question # 11
Commercial bank advises its customers on
Question # 12
In Pakistan the bank nationalized Act is.
Question # 13
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 14
Which one is not the feature of good Banking system.
Question # 15
Which of the following is not an example of plastic money
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
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 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 2 | Which amount is available for salaried and low income persons: |
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
|
| 3 | 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
|
| 4 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 5 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 6 | 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
|
| 7 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 8 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 9 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 10 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan