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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 is meant for presenting a summary and balance of accounts of bank customers
Question # 2
Habib Bank Limited was formed on.
Question # 3
If a credit card is lost, what should the holder do.
Question # 4
To make regular payments of a fixed amount to a stated A/c
Question # 5
Process of credit creation by
Question # 6
Which of the following is not an example of plastic money
Question # 7
Which account is called non operating account.
Question # 8
Which is the secondary function of a commercial bank.
Question # 9
Quaid -e-Azam opened his bank account in.
Question # 10
In Pakistan before 1974 commercial Banks were formed under.
Question # 11
Commercial bank can be
Question # 12
For commercial banks deposits are.
Question # 13
Which of the following functions is performed by commercial bank
Question # 14
Decreas in cash reserve ratio of scheduled Banks.
Question # 15
Commercial bank creates the following Money
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 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 2 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 3 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 4 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 5 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 6 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 7 | 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
|
| 8 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 9 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 10 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
Test Questions