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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
What kind of power does commercial bank possess regarding credit creation
Question # 2
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 3
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 4
Because of high reserve ratio the credit creation power.
Question # 5
Which is teh secondary function of commercial bank.
Question # 6
Which bank does keep the precious articles of public into its custody
Question # 7
The kind of loan according to issue
Question # 8
For its customers a commercial bank sells and buys:
Question # 9
Process of credit creation by
Question # 10
The important (basic) kinds of accounts opened in commercial banks are:
Question # 11
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 12
A commercial bank keeps less cash reserve if:
Question # 13
Over draft facility is only provided on:
Question # 14
Which is the Primary functionof a commercial bank.
Question # 15
The loan which can be demanded by bank at anytime:
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 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All of the above
|
| 2 | 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
|
| 3 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
|
| 4 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 5 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 6 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 7 | 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
|
| 8 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
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| 9 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
|
| 10 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
Test Questions