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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
Polymer Currency includes
Question # 2
the card which can be used to pay for goods purchased.
Question # 3
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 4
Which of the following functions is performed by commercial bank
Question # 5
Exchange banks are commonly known as.
Question # 6
The amount in fixed deposit can be
Question # 7
Commercial bank can be regarded by nature as
Question # 8
For more credit creation a bank must have.
Question # 9
Commercial bank creates the following Money
Question # 10
For commercial banks deposits are.
Question # 11
Which of the following is a limitation in credit creation
Question # 12
Decreas in cash reserve ratio of scheduled Banks.
Question # 13
Which of the followig is not an example of Plastic money.
Question # 14
The amount (capital) recieved by bank after issuing shares is called:
Question # 15
Which bank does accept the deposits from public
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 meant for presenting a summary and balance of accounts of bank customers |
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
|
| 2 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 3 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 4 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 5 | If a credit is lost, what shuld the holder do. |
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
|
| 6 | 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
|
| 7 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 8 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 9 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 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
|
Test Questions