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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
If a credit card is lost, what should the holder do.
Question # 3
Because of high reserve ratio the credit creation power.
Question # 4
Commercial bank creates the following Money
Question # 5
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 6
Which of the following is not an example of plastic money
Question # 7
Commercial bank creates credit
Question # 8
The forms of cash reserve of commercial bank:
Question # 9
For commercial baks deposits are.
Question # 10
Increase in ratio of cash reserve of scheduled banks.
Question # 11
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 12
Which of the following is a valid method of receiving payment from debtors.
Question # 13
Exchange banks are commonly known as.
Question # 14
In Pakistan the bank nationalized Act is.
Question # 15
Which amount is available for salaried and low income persons:
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 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 2 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 3 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
| 4 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 5 | 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
|
| 6 | The relation ship between Cash Reserve and credit creation is. |
A. No relationship
B. Direct
C. Inverse
D. One way
|
| 7 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 8 | Bank draft is issued by the bank when the debtor and creditor belngs to. |
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
|
| 9 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 10 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
Test Questions