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

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Question # 1

Which of the following functions is performed by commercial bank

Question # 2

Commercial bank creates the following Money

Question # 3

Because of high reserve ratio the credit creation power.

Question # 4

The life blood of acomemrcial bank.

Question # 5

United Bank Ltd. was formed on.

Question # 6

Quaid -e- Azam opened his bank account in.

Question # 7

Credit card payments are considered.

Question # 8

Heart of Financial Structure.

Question # 9

For more credit creation a bank must have.

Question # 10

Which is the secondary function of a commercial bank.

Question # 11

Commercial bank creates credit

Question # 12

The amount (capital) recieved by bank after issuing shares is called:

Question # 13

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 14

Commercial bank is called:

Question # 15

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

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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 Which amount is available for salaried and low income persons:
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
2 Because of high reserve ratio the credit creation power.
A. Constant
B. Increases
C. Decreases
D. Zero
3 Which of the followig is not an example of Plastic money.
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
4 The amount (capital) recieved by bank after issuing shares is called:
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
5 For commercial banks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
6 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
7 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
8 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
9 Which affairs of Banks are revealed by articles of Banks.
A. Internal
B. External
C. Political
D. Financial
10 Which one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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