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2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
ic

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 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
2 Which affairs of Banks are revealed by articles of Banks.
  • A. Internal
  • B. External
  • C. Political
  • D. Financial
3 Which of the following functions is performed by commercial bank
  • A. Issuance of currency notes
  • B. Credit creation
  • C. Rediscounting of bills
  • D. Preparation of monetary policy
4 Credit card payments are considered.
  • A. Cash payments
  • B. Credit payments
  • C. Both these
  • D. None of these
5 Which is the Primary functionof a commercial bank.
  • A. Issue Notes
  • B. Accepting Deposits
  • C. Credit creation
  • D. None of these
6 Which is the secondary function of a commercial bank.
  • A. Accepting deposits
  • B. Advancing loans
  • C. Collection of cheques
  • D. all of these
7 The kind of loan according to issue
  • A. Cash credit
  • B. Discounting of bill
  • C. Mortgage loan
  • D. All of the above
8 The commercial banks may be:
  • A. Scheduled
  • B. Non-scheduled
  • C. Foreign
  • D. All of the above
9 Which bank does accept the deposits from public
  • A. Commercial bank
  • B. Central bank
  • C. Foreign exchange bank
  • D. All the above
10 For commercial baks deposits are.
  • A. Assets
  • B. Liabilities
  • C. Income
  • D. Expense

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  • Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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