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

If a credit card is lost, what should the holder do.

Question # 2

Quaid -e-Azam opened his bank account in.

Question # 3

Which of the following is a limitation in credit creation.

Question # 4

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

Question # 5

The life blood of acomemrcial bank.

Question # 6

Which one is not the feature of good Banking system.

Question # 7

Credit card payments are considered.

Question # 8

The loans on which high rate of interest is charged :

Question # 9

Quaid -e- Azam opened his bank account in.

Question # 10

Decreas in cash reserve ratio of scheduled Banks.

Question # 11

Which bank does keep the precious articles of public into its custody

Question # 12

Which of the following is a valid method of receiving payment from debtors.

Question # 13

While depositing money in your a/c , you must use.

Question # 14

Current account is suitable for

Question # 15

Which is the secondary function of a commercial bank.

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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 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
2 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
3 Formula for calculating total credit creation:
A. New deposit x 1/Reserve ratio
B. New deposit x Reserve ratio/1
C. Reserve ratio x 1/New deposit
D. None of the above
4 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
5 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
6 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
7 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
8 For commercial banks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
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 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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