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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
Over draft facility is only provided on:
Question # 2
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 3
A commercial bank keeps less cash reserve if:
Question # 4
The amount in fixed deposit can be
Question # 5
Commercial bank can be regarded by nature as
Question # 6
Which of the followig is not an example of Plastic money.
Question # 7
While deposting money in your a/c you must use.
Question # 8
If a credit card is lost, what should the holder do.
Question # 9
The part of deposits kept with the central bank is called:
Question # 10
In Pakistan before 1974 commercial Banks were formed under.
Question # 11
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 12
Commercial bank creates the following Money
Question # 13
The loans on which high rate of interest is charged :
Question # 14
While depositing money in your a/c , you must use.
Question # 15
The commercial banks may be:
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
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| 2 | 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
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| 3 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 4 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
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| 5 | 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
|
| 6 | To make payments of variable amounts to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
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| 7 | The commercial banks may be: |
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
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| 8 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
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| 9 | 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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| 10 | 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
|
Test Questions