12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

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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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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

00:00
Question # 1

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 2

In Pakistan before 1974 commercial Banks were formed under.

Question # 3

The kind of loan according to issue

Question # 4

The life blood of acomemrcial bank.

Question # 5

Over draft facility is only provided on:

Question # 6

Which bank does keep the precious articles of public into its custody

Question # 7

Which account is called non operating account.

Question # 8

Which of the following is a limitation in credit creation.

Question # 9

Commercial bank create money.

Question # 10

The amount (capital) recieved by bank after issuing shares is called:

Question # 11

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 12

If a credit card is lost, what should the holder do.

Question # 13

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 14

Commercial bank is called:

Question # 15

Which bank does discount the bills of public

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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 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
3 Which of the following is meant for presenting a summary and balance of accounts of bank customers
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
4 Which amount is available for salaried and low income persons:
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
5 Which of the following is a limitation in credit creation
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
6 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
7 Which affairs of Banks are revealed by articles of Banks.
A. Internal
B. External
C. Political
D. Financial
8 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
9 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
10 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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