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

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Question # 1

For its customers a commercial bank sells and buys:

Question # 2

While deposting money in your a/c you must use.

Question # 3

A commercial bank keeps less cash reserve if:

Question # 4

Because of high reserve ratio the credit creation power.

Question # 5

Which is teh secondary function of commercial bank.

Question # 6

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

Question # 7

Commercial bank creates the following Money

Question # 8

Which amount is available for salaried and low income persons:

Question # 9

Which account is called non operating account.

Question # 10

Which bank does accept the deposits from public

Question # 11

Quaid -e-Azam opened his bank account in.

Question # 12

The kind of loan according to issue

Question # 13

For commercial banks deposits are.

Question # 14

Over draft facility is only provided on:

Question # 15

Which of the following functions is performed by commercial bank

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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 Commercial bank is called:
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
2 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
3 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
4 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
5 Which of the following is not an example of plastic money
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
6 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
7 If a credit is lost, what shuld the holder do.
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
8 For commercial banks " Advancing loans' are.
A. Assets
B. Liabilities
C. Expenses
D. All of these
9 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
10 Which is teh secondary function of commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these

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