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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
Heart of Financial Structure.
Question # 2
To make payments of variable amounts to a stated A/c
Question # 3
Formula for calculating total credit creation:
Question # 4
Commercial bank is called:
Question # 5
Cash reserve of commercial Banks includes.
Question # 6
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 7
Which affairs of Banks are revealed by articles of Banks.
Question # 8
Present commercial Banks are teh Developed form of the business of.
Question # 9
The amount (capital) recieved by bank after issuing shares is called:
Question # 10
Which of the followig is not an example of Plastic money.
Question # 11
Commercial bank creates credit
Question # 12
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 13
Commercial bank can be regarded by nature as
Question # 14
The higer the cash reserve ratio.
Question # 15
A commercial bank keeps less cash reserve if:
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 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 2 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 3 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 4 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 5 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
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| 6 | Which of the following is meant for presenting a summary and balance of accounts of bank customers |
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
|
| 7 | 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
|
| 8 | In Pakistan before 1974 commercial Banks were formed under. |
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
|
| 9 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
|
| 10 | 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
|
Test Questions