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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
Credit card payments are considered.
Question # 2
Heart of Financial Structure.
Question # 3
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 4
To make regular payments of a fixed amount to a stated A/c
Question # 5
Which of the following is a valid method of receiving payment from debtors.
Question # 6
Quaid -e- Azam opened his bank account in.
Question # 7
Polymer Currency includes
Question # 8
Commercial bank can be
Question # 9
Which affairs of Banks are revealed by articles of Banks.
Question # 10
Commercial bank creates credit
Question # 11
The loan which can be demanded by bank at anytime:
Question # 12
Which of the following is a limitation in credit creation.
Question # 13
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 14
Which bank does accept the deposits from public
Question # 15
While deposting money in your a/c you must use.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 2 | The documents which present a summary and balance of accounts of an A/C holder in bank. |
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
|
| 3 | 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
|
| 4 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 5 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 6 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 7 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 8 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 9 | While deposting money in your a/c you must use. |
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
|
| 10 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
Test Questions