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2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
ic

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 Which of the followig is not an example of Plastic money.
  • A. Debit card
  • B. ATM card
  • C. Credit card
  • D. Currency notes
2 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
3 The amount in fixed deposit can be
  • A. Deposited many times
  • B. Deposited only once
  • C. Withdrawn many times
  • D. None of the above
4 Commercial bank is called:
  • A. Banker's bank
  • B. Bank of public
  • C. Custodian of foreign exchange
  • D. Banker to the Government
5 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
6 For more credit creation a bank must have.
  • A. More demand deposits
  • B. More fixed deposits
  • C. More time deposited
  • D. All of these
7 Which is the Primary functionof a commercial bank.
  • A. Issue Notes
  • B. Accepting Deposits
  • C. Credit creation
  • D. None of these
8 For commercial banks " Advancing loans' are.
  • A. Assets
  • B. Liabilities
  • C. Expenses
  • D. All of these
9 Which is the secondary function of a commercial bank.
  • A. Accepting deposits
  • B. Advancing loans
  • C. Collection of cheques
  • D. all of these
10 Process of credit creation by
  • A. Central bank
  • B. Commercial banks
  • C. Both of these
  • D. None of these

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 2 Online Test

M

Murtaza Ahsan

Lahore22 - May - 2023

13/15
40 Sec
S

Sufia Hussain

Lahore20 - Apr - 2023

13/15
01 Mins 20 Sec
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Sufia Hussain

Lahore20 - Apr - 2023

13/15
01 Mins 22 Sec
A

Ayesha Ayaz

Lahore23 - May - 2023

13/15
01 Mins 32 Sec
S

Sufia Hussain

Lahore20 - Apr - 2023

13/15
01 Mins 33 Sec
S

Sufia Hussain

Lahore20 - Apr - 2023

13/15
01 Mins 48 Sec
A

Abdulrafeh Abdulrafeh

Lahore24 - May - 2023

13/15
05 Mins 01 Sec
S

Sufia Hussain

Lahore20 - Apr - 2023

12/15
01 Mins 37 Sec
S

Sufia Hussain

Lahore20 - Apr - 2023

12/15
02 Mins 04 Sec
H

Hassan Maqsood

Lahore25 - May - 2023

12/15
02 Mins 05 Sec
M

Mustafa Naeem

Lahore24 - May - 2023

12/15
05 Mins 40 Sec
A

Abdullah Shah

Lahore24 - May - 2023

11/15
02 Mins 22 Sec
S

Syeda Afifa Asif

Lahore28 - May - 2023

11/15
02 Mins 43 Sec
U

Uzair Khan

Lahore23 - May - 2023

11/15
03 Mins 19 Sec
H

Hamza Abid

Abbottabad24 - May - 2023

11/15
10 Mins 50 Sec

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  • Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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