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

Current account is suitable for

Question # 2

the card which can be used to pay for goods purchased.

Question # 3

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

Question # 4

For commercial banks " Advancing loans' are.

Question # 5

Which of the following is not an example of plastic money

Question # 6

Present commercial Banks are teh Developed form of the business of.

Question # 7

Which affairs of Banks are revealed by articles of Banks.

Question # 8

For commercial baks deposits are.

Question # 9

Quaid -e-Azam opened his bank account in.

Question # 10

Commercial bank can be regarded by nature as

Question # 11

Because of low Reserve Ratio the credit creation power.

Question # 12

Over draft facility is only provided on:

Question # 13

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

Question # 14

The life blood of acomemrcial bank.

Question # 15

Decreas in cash reserve ratio of scheduled Banks.

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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 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
2 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
3 The primary function of commercial bank are
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
4 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
5 The amount (capital) recieved by bank after issuing shares is called:
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
6 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
7 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 The amount in fixed deposit can be
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
10 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

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