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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
The primary function of commercial bank are
Question # 2
Which of the following is not an example of plastic money
Question # 3
The forms of cash reserve of commercial bank:
Question # 4
Habib Bank Limited was formed on.
Question # 5
If a credit is lost, what shuld the holder do.
Question # 6
The amount in fixed deposit can be
Question # 7
Which one is not the feature of good Banking system.
Question # 8
A commercial bank keeps less cash reserve if:
Question # 9
Commercial bank is called:
Question # 10
Which bank does accept the deposits from public
Question # 11
the card which can be used to pay for goods purchased.
Question # 12
Which is the secondary function of a commercial bank.
Question # 13
Which is the Primary functionof a commercial bank.
Question # 14
Commercial bank creates the following Money
Question # 15
While depositing money in your a/c , you must use.
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 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 2 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 3 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 4 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
|
| 5 | 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
|
| 6 | 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
|
| 7 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 8 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 9 | 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
|
| 10 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan