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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
If a credit is lost, what shuld the holder do.
Question # 2
Quaid -e- Azam opened his bank account in.
Question # 3
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 4
Increase in ratio of cash reserve of scheduled banks.
Question # 5
Which amount is available for salaried and low income persons:
Question # 6
The amount (capital) recieved by bank after issuing shares is called:
Question # 7
Banking companies ordinace is
Question # 8
The forms of cash reserve of commercial bank:
Question # 9
A commercial bank keeps less cash reserve if:
Question # 10
Process of credit creation by
Question # 11
For commercial baks deposits are.
Question # 12
The part of deposits kept with the central bank is called:
Question # 13
In Pakistan the bank nationalized Act is.
Question # 14
Formula for calculating total credit creation:
Question # 15
Which bank does accept the deposits from public
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 | 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
|
| 2 | Which of the following is a valid method of receiving payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | Formula for calculating total credit creation: |
A. New deposit x 1/Reserve ratio
B. New deposit x Reserve ratio/1
C. Reserve ratio x 1/New deposit
D. None of the above
|
| 5 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 6 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
|
| 7 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 8 | Pay Order is issued by the bank when the debtor and creditor belongs to. |
A. Two different cities
B. With in same city
C. Two different counties
D. All these
|
| 9 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 10 | To make regular payments of a fixed amount to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
|
Test Questions