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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  • Total Questions15

  • Time Allowed20

Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

Which of the following is a limitation in credit creation

Question # 2

The forms of cash reserve of commercial bank:

Question # 3

The relation ship between Cash Reserve and credit creation is.

Question # 4

The important (basic) kinds of accounts opened in commercial banks are:

Question # 5

Credit card payments are considered.

Question # 6

Which one is not the feature of good Banking system.

Question # 7

The life blood of acomemrcial bank.

Question # 8

Banking companies ordinace is

Question # 9

The part of deposits kept with the central bank is called:

Question # 10

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

Question # 11

Commercial bank can be

Question # 12

To make payments of variable amounts to a stated A/c

Question # 13

For commercial baks deposits are.

Question # 14

If a credit card is lost, what should the holder do.

Question # 15

Which of the following is a valid method of receiving payment from debtors.

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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 is the secondary function of a commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
2 The amount in fixed deposit can be
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
3 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
4 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
5 For commercial banks " Advancing loans' are.
A. Assets
B. Liabilities
C. Expenses
D. All of these
6 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
7 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 Which of the following is not an example of plastic money
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
10 Which of the following is a limitation in credit creation
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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