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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
The relation ship between Cash Reserve and credit creation is.
Question # 2
Which amount is available for salaried and low income persons:
Question # 3
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 4
Which bank does discount the bills of public
Question # 5
Over draft facility is only provided on:
Question # 6
Commercial bank creates credit
Question # 7
Which of the following is a valid method of receiving payment from debtors.
Question # 8
The amount (capital) recieved by bank after issuing shares is called:
Question # 9
Why commercial banks keep a certain amount of money as reserve
Question # 10
A commercial bank keeps less cash reserve if:
Question # 11
Increase in ratio of cash reserve of scheduled banks.
Question # 12
The forms of cash reserve of commercial bank:
Question # 13
Commercial bank is called:
Question # 14
The commercial banks may be:
Question # 15
Exchange banks are commonly known as.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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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 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
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| 2 | 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
|
| 3 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 4 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 5 | 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
|
| 6 | 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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| 7 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
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| 8 | For commercial banks " Advancing loans' are. |
A. Assets
B. Liabilities
C. Expenses
D. All of these
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| 9 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
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| 10 | 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
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Test Questions