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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
Commercial bank creates credit
Question # 2
Formula for calculating total credit creation:
Question # 3
Which is the secondary function of a commercial bank.
Question # 4
For more credit creation a bank must have.
Question # 5
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 6
If a credit card is lost, what should the holder do.
Question # 7
The relation ship between Cash Reserve and credit creation is.
Question # 8
Banking companies ordinace is
Question # 9
The forms of cash reserve of commercial bank:
Question # 10
The part of deposits kept with the central bank is called:
Question # 11
The primary function of commercial bank are
Question # 12
Which bank does accept the deposits from public
Question # 13
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 14
Habib Bank Limited was formed on.
Question # 15
A commercial bank keeps less cash reserve if:
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 affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 2 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All of the above
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
|
| 5 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 6 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 7 | If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
|
| 8 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 9 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 10 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
Test Questions