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

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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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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

Which amount is available for salaried and low income persons:

Question # 2

Which bank does discount the bills of public

Question # 3

Habib Bank Limited was formed on.

Question # 4

If a credit card is lost, what should the holder do.

Question # 5

Which is teh secondary function of commercial bank.

Question # 6

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

Question # 7

Which of the followig is not an example of Plastic money.

Question # 8

Because of low Reserve Ratio the credit creation power.

Question # 9

Commercial bank can be

Question # 10

Commercial bank creates the following Money

Question # 11

Process of credit creation by

Question # 12

The loans on which high rate of interest is charged :

Question # 13

Which one is not the feature of good Banking system.

Question # 14

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 15

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

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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 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
2 For commercial banks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
3 The forms of cash reserve of commercial bank:
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
4 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
5 Which of the following is a limitation in credit creation
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
6 The documents which present a summary and balance of accounts of an A/C holder in bank.
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
7 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
8 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
9 If a credit is lost, what shuld the holder do.
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
10 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government

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