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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
Which bank does discount the bills of public
Question # 2
If a credit card is lost, what should the holder do.
Question # 3
Present commercial Banks are teh Developed form of the business of.
Question # 4
Process of credit creation by
Question # 5
Commercial bank can be regarded by nature as
Question # 6
Credit card payments are considered.
Question # 7
Because of low Reserve Ratio the credit creation power.
Question # 8
Over draft facility is only provided on:
Question # 9
Because of high reserve ratio the credit creation power.
Question # 10
Banking companies ordinace is
Question # 11
Which is teh secondary function of commercial bank.
Question # 12
Which bank does accept the deposits from public
Question # 13
Commercial bank create money.
Question # 14
The forms of cash reserve of commercial bank:
Question # 15
Which bank does keep the precious articles of public into its custody
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
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| 2 | If a credit is lost, what shuld the holder do. |
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
|
| 3 | Formula for calculating total credit creation: |
A. New deposit x 1/Reserve ratio
B. New deposit x Reserve ratio/1
C. Reserve ratio x 1/New deposit
D. None of the above
|
| 4 | 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
|
| 5 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
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| 6 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
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| 7 | Increase in ratio of cash reserve of scheduled banks. |
A. Increase of credit creation
B. Stop credit creation
C. Decreased in credit creation
D. None of these
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| 8 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
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| 9 | The documents which present a summary and balance of accounts of an A/C holder in bank. |
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
|
| 10 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
Test Questions