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

For more credit creation a bank must have.

Question # 2

The primary function of commercial bank are

Question # 3

Which of the following is a limitation in credit creation.

Question # 4

The higer the cash reserve ratio.

Question # 5

Which of the following is a limitation in credit creation

Question # 6

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

Question # 7

The forms of cash reserve of commercial bank:

Question # 8

United Bank Ltd. was formed on.

Question # 9

Heart of Financial Structure.

Question # 10

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

Question # 11

Which affairs of Banks are revealed by articles of Banks.

Question # 12

In Pakistan before 1974 commercial Banks were formed under.

Question # 13

Commercial bank can be regarded by nature as

Question # 14

The documents which present a summary and balance of accounts of an A/C holder in bank.

Question # 15

Because of low Reserve Ratio the credit creation power.

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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 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
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 In Pakistan the bank nationalized Act is.
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
4 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
5 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
6 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
7 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
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 The relation ship between Cash Reserve and credit creation is.
A. No relationship
B. Direct
C. Inverse
D. One way
10 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these

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