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 kind of loan according to issue

Question # 2

Which of the following is a limitation in credit creation

Question # 3

Which of the following is a limitation in credit creation.

Question # 4

For commercial banks deposits are.

Question # 5

Commercial bank can be regarded by nature as

Question # 6

Commercial bank is called:

Question # 7

Banking companies ordinace is

Question # 8

Which one is not the feature of good Banking system.

Question # 9

Increase in ratio of cash reserve of scheduled banks.

Question # 10

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

Question # 11

Which is the secondary function of a commercial bank.

Question # 12

The life blood of acomemrcial bank.

Question # 13

The commercial banks may be:

Question # 14

The loan which can be demanded by bank at anytime:

Question # 15

The current account nd saving account is also called

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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 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
2 Which of the following is a valid method of receiving payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
3 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
4 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
5 Commercial bank create money.
A. Metallic
B. Credit
C. Paper
D. All these
6 Banking companies ordinace is
A. 1962
B. 1984
C. 1932
D. 1694
7 In Pakistan the bank nationalized Act is.
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
8 Which of the following is a limitation in credit creation
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
9 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
10 Commercial bank can be
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these

Test Questions