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

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MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"

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

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Question # 1

In Pakistan the bank nationalized Act is.

Question # 2

Which affairs of Banks are revealed by articles of Banks.

Question # 3

For commercial banks " Advancing loans' are.

Question # 4

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 5

Which bank does discount the bills of public

Question # 6

Because of high reserve ratio the credit creation power.

Question # 7

Over draft facility is only provided on:

Question # 8

Polymer Currency includes

Question # 9

To make regular payments of a fixed amount to a stated A/c

Question # 10

Commercial bank is called:

Question # 11

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

Question # 12

The commercial banks may be:

Question # 13

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

Question # 14

Heart of Financial Structure.

Question # 15

A commercial bank keeps less cash reserve if:

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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 of the following is a limitation in credit creation.
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
2 Present commercial Banks are teh Developed form of the business of.
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
3 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
4 In Pakistan the bank nationalized Act is.
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
5 Commercial bank can be
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
6 The important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless
7 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these
8 The current account nd saving account is also called
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
9 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
10 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

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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