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

Heart of Financial Structure.

Question # 2

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

Question # 3

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

Question # 4

The relation ship between Cash Reserve and credit creation is.

Question # 5

Current account is suitable for

Question # 6

Commercial bank creates the following Money

Question # 7

Commercial bank is called:

Question # 8

Which bank does accept the deposits from public

Question # 9

If a credit card is lost, what should the holder do.

Question # 10

Which account is called non operating account.

Question # 11

Which of the following functions is performed by commercial bank

Question # 12

Commercial bank creates credit

Question # 13

Which one is not the feature of good Banking system.

Question # 14

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

Question # 15

For commercial banks " Advancing loans' are.

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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 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
2 For commercial banks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
3 Decreas in cash reserve ratio of scheduled Banks.
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
4 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
5 The loans on which high rate of interest is charged :
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
6 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
7 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
8 To make regular payments of a fixed amount to a stated A/c
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
9 Credit card payments are considered.
A. Cash payments
B. Credit payments
C. Both these
D. None of these
10 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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