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

00:00
Question # 1

Commercial bank create money.

Question # 2

Which account is called non operating account.

Question # 3

The loan which can be demanded by bank at anytime:

Question # 4

For more credit creation a bank must have.

Question # 5

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

Question # 6

Process of credit creation by

Question # 7

Decreas in cash reserve ratio of scheduled Banks.

Question # 8

Commercial bank can be regarded by nature as

Question # 9

Which is the secondary function of a commercial bank.

Question # 10

Banking companies ordinace is

Question # 11

Current account is suitable for

Question # 12

Which of the following is a limitation in credit creation

Question # 13

What kind of power does commercial bank possess regarding credit creation

Question # 14

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

Question # 15

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

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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 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
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 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
4 Which of the followig is not an example of Plastic money.
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
5 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
6 Which of the folloiwng is a valid method of receivig payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
7 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
8 In Pakistan before 1974 commercial Banks were formed under.
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
9 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
10 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

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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