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

While depositing money in your a/c , you must use.

Question # 2

The relation ship between Cash Reserve and credit creation is.

Question # 3

To make regular payments of a fixed amount to a stated A/c

Question # 4

Credit card payments are considered.

Question # 5

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

Question # 6

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

Question # 7

Cash reserve of commercial Banks includes.

Question # 8

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

Question # 9

For its customers a commercial bank sells and buys:

Question # 10

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

Question # 11

Which is the Primary functionof a commercial bank.

Question # 12

Commercial bank creates the following Money

Question # 13

Which of the following functions is performed by commercial bank

Question # 14

For commercial banks " Advancing loans' are.

Question # 15

To make payments of variable amounts to a stated A/c

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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 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
2 Banking companies ordinace is
A. 1962
B. 1984
C. 1932
D. 1694
3 Credit card payments are considered.
A. Cash payments
B. Credit payments
C. Both these
D. None of these
4 If the rate of interest (profit) on the bank deposits is higher then the banks keep:
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
5 A commercial bank keeps less cash reserve if:
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
6 Which of the following is a valid method of receiving payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
7 Process of credit creation by
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
8 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
9 Which of the following is not an example of plastic money
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
10 Which one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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