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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
Why commercial banks keep a certain amount of money as reserve
Question # 2
Which of the followig is not an example of Plastic money.
Question # 3
For commercial banks " Advancing loans' are.
Question # 4
Which account is called non operating account.
Question # 5
Commercial bank is called:
Question # 6
To make payments of variable amounts to a stated A/c
Question # 7
Commercial bank create money.
Question # 8
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 9
While depositing money in your a/c , you must use.
Question # 10
The amount (capital) recieved by bank after issuing shares is called:
Question # 11
Commercial bank can be
Question # 12
Which one is not the feature of good Banking system.
Question # 13
For commercial banks deposits are.
Question # 14
Which bank does keep the precious articles of public into its custody
Question # 15
Pay Order is issued by the bank when the debtor and creditor belongs to.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" 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 -
H Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15 -
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M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 2 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
| 3 | Commercial bank can be regarded by nature as |
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
|
| 4 | 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
|
| 5 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 6 | The commercial banks may be: |
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
|
| 7 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 8 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 9 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 10 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
Test Questions