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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 of the following functions is performed by commercial bank
Question # 2
The loan which can be demanded by bank at anytime:
Question # 3
The important (basic) kinds of accounts opened in commercial banks are:
Question # 4
Habib Bank Limited was formed on.
Question # 5
Polymer Currency includes
Question # 6
Which bank does keep the precious articles of public into its custody
Question # 7
Heart of Financial Structure.
Question # 8
Which is the Primary functionof a commercial bank.
Question # 9
Increase in ratio of cash reserve of scheduled banks.
Question # 10
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 11
Commercial bank create money.
Question # 12
In Pakistan the bank nationalized Act is.
Question # 13
Because of high reserve ratio the credit creation power.
Question # 14
In Pakistan before 1974 commercial Banks were formed under.
Question # 15
Why commercial banks keep a certain amount of money as reserve
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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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 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 2 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 3 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All 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 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 6 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 7 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
| 8 | Decreas in cash reserve ratio of scheduled Banks. |
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
|
| 9 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 10 | Cash reserve of commercial Banks includes. |
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
|
Test Questions