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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
Quaid -e- Azam opened his bank account in.
Question # 2
Which account is called non operating account.
Question # 3
For more credit creation a bank must have.
Question # 4
Which one is not the feature of good Banking system.
Question # 5
If a credit is lost, what shuld the holder do.
Question # 6
Which of the followig is not an example of Plastic money.
Question # 7
Increase in ratio of cash reserve of scheduled banks.
Question # 8
Cash reserve of commercial Banks includes.
Question # 9
Decreas in cash reserve ratio of scheduled Banks.
Question # 10
Because of high reserve ratio the credit creation power.
Question # 11
The important (basic) kinds of accounts opened in commercial banks are:
Question # 12
A commercial bank keeps less cash reserve if:
Question # 13
Over draft facility is only provided on:
Question # 14
While depositing money in your a/c , you must use.
Question # 15
Formula for calculating total credit creation:
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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ICom Part II Class Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 2 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 3 | 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
|
| 4 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
| 5 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 6 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 7 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 8 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
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| 9 | Which of the following is meant for presenting a summary and balance of accounts of bank customers |
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
|
| 10 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
Test Questions
