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

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Question # 1

Current account is suitable for

Question # 2

The commercial banks may be:

Question # 3

In Pakistan the bank nationalized Act is.

Question # 4

Credit card payments are considered.

Question # 5

the card which can be used to pay for goods purchased.

Question # 6

The primary function of commercial bank are

Question # 7

Which one is not the feature of good Banking system.

Question # 8

Which bank does accept the deposits from public

Question # 9

Quaid -e- Azam opened his bank account in.

Question # 10

Because of high reserve ratio the credit creation power.

Question # 11

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

Question # 12

Which is teh secondary function of commercial bank.

Question # 13

The current account nd saving account is also called

Question # 14

Present commercial Banks are teh Developed form of the business of.

Question # 15

For commercial banks deposits are.

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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 Decreas in cash reserve ratio of scheduled Banks.
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
2 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
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 current account nd saving account is also called
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
5 Because of high reserve ratio the credit creation power.
A. Constant
B. Increases
C. Decreases
D. Zero
6 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
7 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
8 Present commercial Banks are teh Developed form of the business of.
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
9 What kind of power does commercial bank possess regarding credit creation
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
10 For commercial banks " Advancing loans' are.
A. Assets
B. Liabilities
C. Expenses
D. All of these

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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