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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
Habib Bank Limited was formed on.
Question # 3
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 4
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 5
Because of high reserve ratio the credit creation power.
Question # 6
For more credit creation a bank must have.
Question # 7
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 8
In Pakistan the bank nationalized Act is.
Question # 9
The commercial banks may be:
Question # 10
For commercial banks deposits are.
Question # 11
Increase in ratio of cash reserve of scheduled banks.
Question # 12
To make payments of variable amounts to a stated A/c
Question # 13
Decreas in cash reserve ratio of scheduled Banks.
Question # 14
Which of the following is not an example of plastic money
Question # 15
Which bank does discount the bills of 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 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
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| 2 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
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| 3 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 4 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 5 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
|
| 6 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 7 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 8 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 9 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
|
| 10 | The forms of cash reserve of commercial bank: |
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
|
Test Questions