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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
Cash reserve of commercial Banks includes.
Question # 2
Commercial bank can be regarded by nature as
Question # 3
The primary function of commercial bank are
Question # 4
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 5
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 6
For commercial baks deposits are.
Question # 7
The life blood of acomemrcial bank.
Question # 8
The amount (capital) recieved by bank after issuing shares is called:
Question # 9
Because of low Reserve Ratio the credit creation power.
Question # 10
United Bank Ltd. was formed on.
Question # 11
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 12
While depositing money in your a/c , you must use.
Question # 13
Which of the following is a limitation in credit creation
Question # 14
Which bank does accept the deposits from public
Question # 15
To make payments of variable amounts to a stated A/c
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 | Cash reserve of commercial Banks includes. |
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
|
| 2 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 3 | If a credit card is lost, what should the holder do. |
A. Report to employer
B. Report to bank
C. Report to insurance co.
D. All the above
|
| 4 | 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
|
| 5 | Which of the following is a valid method of receiving payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 6 | Bank draft is issued by the bank when the debtor and creditor belngs to. |
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
|
| 7 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 8 | For more credit creation a bank must have. |
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
|
| 9 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 10 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
Test Questions