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

Over draft facility is only provided on:

Question # 2

Which amount is available for salaried and low income persons:

Question # 3

Which affairs of Banks are revealed by articles of Banks.

Question # 4

Credit card payments are considered.

Question # 5

Because of low Reserve Ratio the credit creation power.

Question # 6

The life blood of acomemrcial bank.

Question # 7

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 8

Cash reserve of commercial Banks includes.

Question # 9

Process of credit creation by

Question # 10

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 11

In Pakistan the bank nationalized Act is.

Question # 12

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

Question # 13

If a credit is lost, what shuld the holder do.

Question # 14

Which of the folloiwng is a valid method of receivig payment from debtors.

Question # 15

Pay Order is issued by the bank when the debtor and creditor belongs to.

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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 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
2 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
3 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these
4 While deposting money in your a/c you must use.
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
5 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
6 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
7 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
8 The amount in fixed deposit can be
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
9 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
10 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above

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