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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
Heart of Financial Structure.
Question # 2
Which of the following is a limitation in credit creation
Question # 3
A commercial bank keeps less cash reserve if:
Question # 4
Which one is not the feature of good Banking system.
Question # 5
the card which can be used to pay for goods purchased.
Question # 6
Because of low Reserve Ratio the credit creation power.
Question # 7
Credit card payments are considered.
Question # 8
Exchange banks are commonly known as.
Question # 9
While depositing money in your a/c , you must use.
Question # 10
The amount in fixed deposit can be
Question # 11
Which of the following is a valid method of receiving payment from debtors.
Question # 12
The loans on which high rate of interest is charged :
Question # 13
Polymer Currency includes
Question # 14
Commercial bank can be
Question # 15
The life blood of acomemrcial bank.
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 important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 2 | Pay Order is issued by the bank when the debtor and creditor belongs to. |
A. Two different cities
B. With in same city
C. Two different counties
D. All these
|
| 3 | 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
|
| 4 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All of the above
|
| 5 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 6 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 7 | If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
|
| 8 | Which bank does keep the precious articles of public into its custody |
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
|
| 9 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 10 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan