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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
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 2
The forms of cash reserve of commercial bank:
Question # 3
Polymer Currency includes
Question # 4
Which of the following is not an example of plastic money
Question # 5
Which one is not the feature of good Banking system.
Question # 6
Because of high reserve ratio the credit creation power.
Question # 7
Because of low Reserve Ratio the credit creation power.
Question # 8
Which affairs of Banks are revealed by articles of Banks.
Question # 9
Which bank does keep the precious articles of public into its custody
Question # 10
Current account is suitable for
Question # 11
Which amount is available for salaried and low income persons:
Question # 12
The relation ship between Cash Reserve and credit creation is.
Question # 13
Commercial bank creates credit
Question # 14
For commercial banks " Advancing loans' are.
Question # 15
the card which can be used to pay for goods purchased.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 2 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 3 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 4 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 5 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 6 | The documents which present a summary and balance of accounts of an A/C holder in bank. |
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
|
| 7 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 8 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 9 | 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
|
| 10 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
Test Questions