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 one is not the feature of good Banking system.

Question # 2

Current account is suitable for

Question # 3

Because of high reserve ratio the credit creation power.

Question # 4

Present commercial Banks are teh Developed form of the business of.

Question # 5

Banking companies ordinace is

Question # 6

Decreas in cash reserve ratio of scheduled Banks.

Question # 7

For commercial baks deposits are.

Question # 8

While deposting money in your a/c you must use.

Question # 9

Why commercial banks keep a certain amount of money as reserve

Question # 10

Which of the folloiwng is a valid method of receivig payment from debtors.

Question # 11

The important (basic) kinds of accounts opened in commercial banks are:

Question # 12

Commercial bank can be regarded by nature as

Question # 13

United Bank Ltd. was formed on.

Question # 14

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 15

If a credit is lost, what shuld the holder do.

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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 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
2 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
3 Pay Order is issued by the bank when the debtor and creditor belongs to.
A. Two different cities
B. With in same city
C. Two different counties
D. All these
4 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
5 The important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless
6 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
7 Commercial bank creates the following Money
A. Metallic
B. Credit
C. Paper
D. All the above
8 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
9 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
10 Because of low Reserve Ratio the credit creation power.
A. Increases
B. Decreases
C. Constant
D. Zero

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