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

Decreas in cash reserve ratio of scheduled Banks.

Question # 2

For commercial baks deposits are.

Question # 3

Commercial bank can be regarded by nature as

Question # 4

Current account is suitable for

Question # 5

Because of high reserve ratio the credit creation power.

Question # 6

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 7

The forms of cash reserve of commercial bank:

Question # 8

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

Question # 9

To make payments of variable amounts to a stated A/c

Question # 10

Which one is not the feature of good Banking system.

Question # 11

The life blood of acomemrcial bank.

Question # 12

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

Question # 13

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

Question # 14

For commercial banks deposits are.

Question # 15

The loan which can be demanded by bank at anytime:

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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 Exchange banks are commonly known as.
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
2 The amount (capital) recieved by bank after issuing shares is called:
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
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 Commercial bank create money.
A. Metallic
B. Credit
C. Paper
D. All these
5 Which of the following is a limitation in credit creation.
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
6 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
7 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
8 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
9 While deposting money in your a/c you must use.
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
10 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

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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