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

The life blood of acomemrcial bank.

Question # 2

Which of the following functions is performed by commercial bank

Question # 3

Credit card payments are considered.

Question # 4

Which one is not the feature of good Banking system.

Question # 5

Which bank does accept the deposits from public

Question # 6

Which of the following is not an example of plastic money

Question # 7

Commercial bank create money.

Question # 8

Which bank does keep the precious articles of public into its custody

Question # 9

Which is the secondary function of a commercial bank.

Question # 10

For its customers a commercial bank sells and buys:

Question # 11

Which bank does discount the bills of public

Question # 12

While deposting money in your a/c you must use.

Question # 13

Formula for calculating total credit creation:

Question # 14

Which account is called non operating account.

Question # 15

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

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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 card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
2 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
3 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
4 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
5 Commercial bank create money.
A. Metallic
B. Credit
C. Paper
D. All these
6 Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
7 Which affairs of Banks are revealed by articles of Banks.
A. Internal
B. External
C. Political
D. Financial
8 If a credit card is lost, what should the holder do.
A. Report to employer
B. Report to bank
C. Report to insurance co.
D. All the above
9 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
10 If the rate of interest (profit) on the bank deposits is higher then the banks keep:
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above

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