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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  • Total Questions15

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

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Question # 1

Which of the following is not an example of plastic money

Question # 2

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 3

For commercial banks deposits are.

Question # 4

Which is the Primary functionof a commercial bank.

Question # 5

Commercial bank create money.

Question # 6

Cash reserve of commercial Banks includes.

Question # 7

Which one is not the feature of good Banking system.

Question # 8

Which of the followig is not an example of Plastic money.

Question # 9

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

Question # 10

While deposting money in your a/c you must use.

Question # 11

Which of the following functions is performed by commercial bank

Question # 12

Banking companies ordinace is

Question # 13

The commercial banks may be:

Question # 14

Exchange banks are commonly known as.

Question # 15

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

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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 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
2 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
3 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
4 Which of the folloiwng is a valid method of receivig payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
5 The relation ship between Cash Reserve and credit creation is.
A. No relationship
B. Direct
C. Inverse
D. One way
6 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
7 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
8 Present commercial Banks are teh Developed form of the business of.
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
9 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
10 Which of the following is a valid method of receiving payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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