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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 kind of loan according to issue
Question # 2
A commercial bank keeps less cash reserve if:
Question # 3
The higer the cash reserve ratio.
Question # 4
The current account nd saving account is also called
Question # 5
Heart of Financial Structure.
Question # 6
Which bank does discount the bills of public
Question # 7
To make payments of variable amounts to a stated A/c
Question # 8
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 9
For more credit creation a bank must have.
Question # 10
Banking companies ordinace is
Question # 11
The commercial banks may be:
Question # 12
For its customers a commercial bank sells and buys:
Question # 13
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 14
Cash reserve of commercial Banks includes.
Question # 15
Which of the followig is not an example of Plastic money.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 2 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 3 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
|
| 4 | 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
|
| 5 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 6 | Which of the following functions is performed by commercial bank |
A. Issuance of currency notes
B. Credit creation
C. Rediscounting of bills
D. Preparation of monetary policy
|
| 7 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
| 8 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 9 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 10 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
Test Questions