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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 is the secondary function of a commercial bank.
Question # 2
The part of deposits kept with the central bank is called:
Question # 3
Formula for calculating total credit creation:
Question # 4
Commercial bank creates the following Money
Question # 5
The amount (capital) recieved by bank after issuing shares is called:
Question # 6
Credit card payments are considered.
Question # 7
Present commercial Banks are teh Developed form of the business of.
Question # 8
The important (basic) kinds of accounts opened in commercial banks are:
Question # 9
Over draft facility is only provided on:
Question # 10
Which of the following is not an example of plastic money
Question # 11
Which bank does accept the deposits from public
Question # 12
Which affairs of Banks are revealed by articles of Banks.
Question # 13
The higer the cash reserve ratio.
Question # 14
Because of high reserve ratio the credit creation power.
Question # 15
Because of low Reserve Ratio the credit creation power.
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
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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 -
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M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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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 | 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
|
| 2 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
| 3 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 4 | Pay Order is issued by the bank when the debtor and creditor belongs to. |
A. Two different cities
B. With in same city
C. Two different counties
D. All these
|
| 5 | 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
|
| 6 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 7 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 8 | Which bank does keep the precious articles of public into its custody |
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
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| 9 | 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
|
| 10 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
Test Questions