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

A commercial bank keeps less cash reserve if:

Question # 2

Because of low Reserve Ratio the credit creation power.

Question # 3

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

Question # 4

Habib Bank Limited was formed on.

Question # 5

Which account is called non operating account.

Question # 6

Process of credit creation by

Question # 7

Polymer Currency includes

Question # 8

Commercial bank is called:

Question # 9

The kind of loan according to issue

Question # 10

Which of the following is a limitation in credit creation.

Question # 11

If a credit is lost, what shuld the holder do.

Question # 12

Which amount is available for salaried and low income persons:

Question # 13

Commercial bank advises its customers on

Question # 14

The commercial banks may be:

Question # 15

Why commercial banks keep a certain amount of money as reserve

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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 The loan which can be demanded by bank at anytime:
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
2 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
3 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
4 Which is the secondary function of a commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
5 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
6 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
7 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
8 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
9 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
10 Exchange banks are commonly known as.
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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