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"

Try The MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

Which amount is available for salaried and low income persons:

Question # 2

Which one is not the feature of good Banking system.

Question # 3

Formula for calculating total credit creation:

Question # 4

Which of the following is not an example of plastic money

Question # 5

Commercial bank creates credit

Question # 6

The part of deposits kept with the central bank is called:

Question # 7

Which of the following is a limitation in credit creation

Question # 8

While depositing money in your a/c , you must use.

Question # 9

Increase in ratio of cash reserve of scheduled banks.

Question # 10

Quaid -e- Azam opened his bank account in.

Question # 11

Process of credit creation by

Question # 12

Why commercial banks keep a certain amount of money as reserve

Question # 13

For commercial baks deposits are.

Question # 14

Which of the following is a valid method of receiving payment from debtors.

Question # 15

the card which can be used to pay for goods purchased.

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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 Process of credit creation by
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
2 In Pakistan before 1974 commercial Banks were formed under.
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
3 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
4 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
5 Which of the following is a limitation in credit creation.
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
6 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
7 Which of the following is not an example of plastic money
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
8 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
9 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
10 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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