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

Which account is called non operating account.

Question # 2

Commercial bank creates the following Money

Question # 3

Which bank does keep the precious articles of public into its custody

Question # 4

The amount (capital) recieved by bank after issuing shares is called:

Question # 5

United Bank Ltd. was formed on.

Question # 6

Present commercial Banks are teh Developed form of the business of.

Question # 7

While depositing money in your a/c , you must use.

Question # 8

Because of low Reserve Ratio the credit creation power.

Question # 9

Which affairs of Banks are revealed by articles of Banks.

Question # 10

For its customers a commercial bank sells and buys:

Question # 11

The documents which present a summary and balance of accounts of an A/C holder in bank.

Question # 12

While deposting money in your a/c you must use.

Question # 13

Polymer Currency includes

Question # 14

Increase in ratio of cash reserve of scheduled banks.

Question # 15

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

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 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
2 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
3 While deposting money in your a/c you must use.
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
4 Which of the following is a valid method of receiving payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
5 Present commercial Banks are teh Developed form of the business of.
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
6 In Pakistan the bank nationalized Act is.
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
7 Which one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
8 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
9 The primary function of commercial bank are
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
10 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961

Test Questions