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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 primary function of commercial bank are
Question # 2
A commercial bank keeps less cash reserve if:
Question # 3
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 4
Decreas in cash reserve ratio of scheduled Banks.
Question # 5
Which of the following is not an example of plastic money
Question # 6
Quaid -e-Azam opened his bank account in.
Question # 7
Which bank does discount the bills of public
Question # 8
Which of the following is a valid method of receiving payment from debtors.
Question # 9
The current account nd saving account is also called
Question # 10
Increase in ratio of cash reserve of scheduled banks.
Question # 11
The relation ship between Cash Reserve and credit creation is.
Question # 12
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 13
Exchange banks are commonly known as.
Question # 14
For commercial banks deposits are.
Question # 15
Commercial bank is called:
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 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 2 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 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 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 5 | Cash reserve of commercial Banks includes. |
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
|
| 6 | Which amount is available for salaried and low income persons: |
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
|
| 7 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 8 | Which bank does keep the precious articles of public into its custody |
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
|
| 9 | For more credit creation a bank must have. |
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
|
| 10 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
Test Questions