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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
In Pakistan before 1974 commercial Banks were formed under.
Question # 2
A commercial bank keeps less cash reserve if:
Question # 3
While deposting money in your a/c you must use.
Question # 4
Increase in ratio of cash reserve of scheduled banks.
Question # 5
The primary function of commercial bank are
Question # 6
Which amount is available for salaried and low income persons:
Question # 7
Polymer Currency includes
Question # 8
Current account is suitable for
Question # 9
Commercial bank creates credit
Question # 10
Decreas in cash reserve ratio of scheduled Banks.
Question # 11
Which is the secondary function of a commercial bank.
Question # 12
Which is teh secondary function of commercial bank.
Question # 13
Commercial bank is called:
Question # 14
Which account is called non operating account.
Question # 15
While depositing money in your a/c , you must use.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 2 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 3 | If a credit is lost, what shuld the holder do. |
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
|
| 4 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 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 amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 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 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 9 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 10 | Decreas in cash reserve ratio of scheduled Banks. |
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
|
Test Questions