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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
Because of low Reserve Ratio the credit creation power.
Question # 2
While depositing money in your a/c , you must use.
Question # 3
Banking companies ordinace is
Question # 4
The current account nd saving account is also called
Question # 5
For commercial baks deposits are.
Question # 6
While deposting money in your a/c you must use.
Question # 7
Formula for calculating total credit creation:
Question # 8
What kind of power does commercial bank possess regarding credit creation
Question # 9
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 10
the card which can be used to pay for goods purchased.
Question # 11
Polymer Currency includes
Question # 12
Which of the following functions is performed by commercial bank
Question # 13
In Pakistan the bank nationalized Act is.
Question # 14
The life blood of acomemrcial bank.
Question # 15
To make regular payments of a fixed amount to a stated A/c
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 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 2 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 3 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 4 | Commercial bank can be regarded by nature as |
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
|
| 5 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 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 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 8 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 9 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 10 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
|
Test Questions