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

Start Chapter 2 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"

  • Total Questions15

  • Time Allowed20

Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

00:00
Question # 1

For commercial banks deposits are.

Question # 2

Which of the following functions is performed by commercial bank

Question # 3

The amount in fixed deposit can be

Question # 4

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

Question # 5

Which is teh secondary function of commercial bank.

Question # 6

Commercial bank can be regarded by nature as

Question # 7

For more credit creation a bank must have.

Question # 8

Increase in ratio of cash reserve of scheduled banks.

Question # 9

In Pakistan the bank nationalized Act is.

Question # 10

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

Question # 11

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

Question # 12

Commercial bank creates the following Money

Question # 13

Why commercial banks keep a certain amount of money as reserve

Question # 14

Heart of Financial Structure.

Question # 15

Over draft facility is only provided on:

Prepare Complete Set Wise Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test

  • H
    HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15
  • Z
    Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15
  • U
    Unknown 31 - May - 2023 00 Min 11 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15
  • H
    Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15
  • Z
    z 10 - Mar - 2024 01 Min 06 Sec 13/15
  • F
    Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15
  • S
    Salman Abu Talha 12 - Jun - 2023 02 Min 16 Sec 13/15
  • D
    Dawood Baloch 09 - Sep - 2023 02 Min 34 Sec 12/15
  • A
    ayesha 21 - Nov - 2023 01 Min 36 Sec 11/15
  • A
    Azhar Malik 05 - Feb - 2024 02 Min 19 Sec 11/15
  • S
    Syeda afifa Asif 28 - May - 2023 02 Min 43 Sec 11/15
  • A
    Abdul Waheed 04 - May - 2024 02 Min 50 Sec 11/15
  • K
    Kainat Mudasar 26 - Apr - 2024 06 Min 40 Sec 11/15
  • W
    Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
2 To make regular payments of a fixed amount to a stated A/c
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
3 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
4 Commercial bank can be
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
5 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
6 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
7 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
8 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
9 Bank draft is issued by the bank when the debtor and creditor belngs to.
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
10 The forms of cash reserve of commercial bank:
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above

Test Questions

Is this page helpful?