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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
The primary function of commercial bank are
Question # 2
The amount (capital) recieved by bank after issuing shares is called:
Question # 3
Formula for calculating total credit creation:
Question # 4
Which of the following is a valid method of receiving payment from debtors.
Question # 5
Which of the following is a limitation in credit creation
Question # 6
Which bank does keep the precious articles of public into its custody
Question # 7
The commercial banks may be:
Question # 8
Commercial bank is called:
Question # 9
The relation ship between Cash Reserve and credit creation is.
Question # 10
The loans on which high rate of interest is charged :
Question # 11
Which is the Primary functionof a commercial bank.
Question # 12
Because of low Reserve Ratio the credit creation power.
Question # 13
Commercial bank creates the following Money
Question # 14
Which bank does accept the deposits from public
Question # 15
For commercial banks " Advancing loans' are.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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| Sr.# | Question | Answer |
|---|---|---|
| 1 | Commercial bank can be regarded by nature as |
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
|
| 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C. Withdrawn many times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 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 4 | 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
|
| 5 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 6 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 7 | 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
|
| 8 | Which bank does discount the bills of public |
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
|
| 9 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 10 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
Test Questions
