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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
Process of credit creation by
Question # 2
Which of the following is a valid method of receiving payment from debtors.
Question # 3
Which of the followig is not an example of Plastic money.
Question # 4
Polymer Currency includes
Question # 5
For commercial banks deposits are.
Question # 6
The loans on which high rate of interest is charged :
Question # 7
Which bank does discount the bills of public
Question # 8
Heart of Financial Structure.
Question # 9
In Pakistan the bank nationalized Act is.
Question # 10
Which of the following is a limitation in credit creation
Question # 11
Commercial bank creates the following Money
Question # 12
Because of low Reserve Ratio the credit creation power.
Question # 13
Present commercial Banks are teh Developed form of the business of.
Question # 14
Which bank does keep the precious articles of public into its custody
Question # 15
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
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 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 2 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 3 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 4 | The forms of cash reserve of commercial bank: |
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
|
| 5 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 6 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 7 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
| 8 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 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 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
Test Questions