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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  • Total Questions15

  • Time Allowed20

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

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Question # 1

Which of the following is a limitation in credit creation.

Question # 2

For commercial banks deposits are.

Question # 3

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

Question # 4

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

Question # 5

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 6

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

Question # 7

For commercial banks " Advancing loans' are.

Question # 8

The forms of cash reserve of commercial bank:

Question # 9

Commercial bank advises its customers on

Question # 10

Why commercial banks keep a certain amount of money as reserve

Question # 11

Quaid -e- Azam opened his bank account in.

Question # 12

What kind of power does commercial bank possess regarding credit creation

Question # 13

Which amount is available for salaried and low income persons:

Question # 14

Cash reserve of commercial Banks includes.

Question # 15

Decreas in cash reserve ratio of scheduled Banks.

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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 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
2 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
3 The important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless
4 Which of the folloiwng is a valid method of receivig payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
5 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these
6 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
7 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
8 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
9 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
10 Bank draft is issued by the bank when the debtor and creditor belngs to.
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these

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