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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
Which of the followig is not an example of Plastic money.
Question # 2
Because of low Reserve Ratio the credit creation power.
Question # 3
the card which can be used to pay for goods purchased.
Question # 4
The loan which can be demanded by bank at anytime:
Question # 5
A commercial bank keeps less cash reserve if:
Question # 6
The higer the cash reserve ratio.
Question # 7
If a credit is lost, what shuld the holder do.
Question # 8
Which is teh secondary function of commercial bank.
Question # 9
The forms of cash reserve of commercial bank:
Question # 10
Commercial bank can be regarded by nature as
Question # 11
Formula for calculating total credit creation:
Question # 12
Which bank does keep the precious articles of public into its custody
Question # 13
For commercial baks deposits are.
Question # 14
For its customers a commercial bank sells and buys:
Question # 15
Commercial bank creates the following Money
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 amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 2 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
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| 3 | Which of the followig is not an example of Plastic money. |
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
|
| 4 | Which bank does discount the bills of public |
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
|
| 5 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
| 6 | To make payments of variable amounts to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
|
| 7 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 8 | 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
|
| 9 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 10 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
Test Questions