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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
Present commercial Banks are teh Developed form of the business of.
Question # 2
Which bank does accept the deposits from public
Question # 3
Credit card payments are considered.
Question # 4
Commercial bank create money.
Question # 5
The kind of loan according to issue
Question # 6
For commercial banks deposits are.
Question # 7
To make payments of variable amounts to a stated A/c
Question # 8
Why commercial banks keep a certain amount of money as reserve
Question # 9
Commercial bank is called:
Question # 10
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 11
The loans on which high rate of interest is charged :
Question # 12
The life blood of acomemrcial bank.
Question # 13
Which bank does keep the precious articles of public into its custody
Question # 14
Quaid -e- Azam opened his bank account in.
Question # 15
Commercial bank can be regarded by nature as
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 | Decreas in cash reserve ratio of scheduled Banks. |
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
|
| 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 can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 4 | Which of the following is a limitation in credit creation |
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
|
| 5 | Which of the following functions is performed by commercial bank |
A. Issuance of currency notes
B. Credit creation
C. Rediscounting of bills
D. Preparation of monetary policy
|
| 6 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
| 7 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 8 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 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 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
Test Questions