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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
Which account is called non operating account.
Question # 2
What kind of power does commercial bank possess regarding credit creation
Question # 3
Which of the followig is not an example of Plastic money.
Question # 4
For commercial banks " Advancing loans' are.
Question # 5
The commercial banks may be:
Question # 6
The primary function of commercial bank are
Question # 7
If a credit is lost, what shuld the holder do.
Question # 8
Which affairs of Banks are revealed by articles of Banks.
Question # 9
The forms of cash reserve of commercial bank:
Question # 10
For more credit creation a bank must have.
Question # 11
Which is the secondary function of a commercial bank.
Question # 12
In Pakistan before 1974 commercial Banks were formed under.
Question # 13
Because of low Reserve Ratio the credit creation power.
Question # 14
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 15
Because of high reserve ratio the credit creation power.
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 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 2 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 3 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
| 4 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 5 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 6 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 7 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 8 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 9 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 10 | The life blood of acomemrcial bank. |
A. Deposits
B. With drawals
C. Liabilities
D. All these
|
Test Questions