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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
Credit card payments are considered.
Question # 2
Which bank does accept the deposits from public
Question # 3
Formula for calculating total credit creation:
Question # 4
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 5
A commercial bank keeps less cash reserve if:
Question # 6
Present commercial Banks are teh Developed form of the business of.
Question # 7
Commercial bank can be
Question # 8
Which account is called non operating account.
Question # 9
The loans on which high rate of interest is charged :
Question # 10
While depositing money in your a/c , you must use.
Question # 11
For more credit creation a bank must have.
Question # 12
Commercial bank advises its customers on
Question # 13
The current account nd saving account is also called
Question # 14
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 15
Commercial bank can be regarded by nature as
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 part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 2 | 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
|
| 3 | 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
|
| 4 | Which amount is available for salaried and low income persons: |
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
|
| 5 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
|
| 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
|
| 7 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
| 8 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 9 | 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
|
| 10 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
Test Questions