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

Commercial bank can be

Question # 2

Because of low Reserve Ratio the credit creation power.

Question # 3

The current account nd saving account is also called

Question # 4

Which bank does discount the bills of public

Question # 5

Commercial bank can be regarded by nature as

Question # 6

Commercial bank advises its customers on

Question # 7

Formula for calculating total credit creation:

Question # 8

The loan which can be demanded by bank at anytime:

Question # 9

Commercial bank creates the following Money

Question # 10

United Bank Ltd. was formed on.

Question # 11

Because of high reserve ratio the credit creation power.

Question # 12

The life blood of acomemrcial bank.

Question # 13

Present commercial Banks are teh Developed form of the business of.

Question # 14

Polymer Currency includes

Question # 15

For commercial banks " Advancing loans' are.

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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 primary function of commercial bank are
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
2 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
3 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
4 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
5 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
6 Pay Order is issued by the bank when the debtor and creditor belongs to.
A. Two different cities
B. With in same city
C. Two different counties
D. All these
7 The loans on which high rate of interest is charged :
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
8 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
9 Process of credit creation by
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
10 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above

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