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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 card is lost, what should the holder do.
Question # 2
The commercial banks may be:
Question # 3
Quaid -e-Azam opened his bank account in.
Question # 4
Commercial bank creates the following Money
Question # 5
To make payments of variable amounts to a stated A/c
Question # 6
The amount (capital) recieved by bank after issuing shares is called:
Question # 7
Which is the secondary function of a commercial bank.
Question # 8
Increase in ratio of cash reserve of scheduled banks.
Question # 9
What kind of power does commercial bank possess regarding credit creation
Question # 10
For commercial banks " Advancing loans' are.
Question # 11
Present commercial Banks are teh Developed form of the business of.
Question # 12
The part of deposits kept with the central bank is called:
Question # 13
The important (basic) kinds of accounts opened in commercial banks are:
Question # 14
The forms of cash reserve of commercial bank:
Question # 15
Formula for calculating total credit creation:
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 | 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
|
| 2 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 3 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 4 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 5 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 6 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 7 | Which amount is available for salaried and low income persons: |
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
|
| 8 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
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| 9 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 10 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
Test Questions