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2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
ic

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 Which amount is available for salaried and low income persons:
  • A. Current account
  • B. Saving account
  • C. Fixed deposit
  • D. All of the above
2 Which bank does discount the bills of public
  • A. Commercial bank
  • B. Agricultural bank
  • C. Industrial bank
  • D. All of the above
3 Which of the following is meant for presenting a summary and balance of accounts of bank customers
  • A. Bank statement
  • B. Balance sheet
  • C. Pass book
  • D. Prospectus
4 The important (basic) kinds of accounts opened in commercial banks are:
  • A. Two
  • B. Three
  • C. Four
  • D. countless
5 In Pakistan the bank nationalized Act is.
  • A. Act 1956
  • B. Act 1932
  • C. Act 1962
  • D. Act 1974
6 The forms of cash reserve of commercial bank:
  • A. Cash in hand
  • B. Reserve with central bank
  • C. Recievable from other banks
  • D. All of the above
7 Credit card payments are considered.
  • A. Cash payments
  • B. Credit payments
  • C. Both these
  • D. None of these
8 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
9 Which of the folloiwng is a valid method of receivig payment from debtors.
  • A. Debit card
  • B. Credit card
  • C. ATM card
  • D. Cash
10 Cash reserve of commercial Banks includes.
  • A. Cash in hand
  • B. Cash with SBP
  • C. Balance with other banks
  • D. All the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 2 Online Test

A

Alisha Salman

Lahore15 - Jun - 2022

15/15
53 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

15/15
01 Mins 30 Sec
F

Farooq*Rehan 8Bp Shk

Lahore20 - Jun - 2022

15/15
01 Mins 35 Sec
A

Alisha Salman

Lahore15 - Jun - 2022

14/15
01 Mins 02 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

14/15
01 Mins 34 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

14/15
01 Mins 40 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

14/15
05 Mins 24 Sec
A

Alisha Salman

Lahore15 - Jun - 2022

13/15
01 Mins 18 Sec
M

Mehwish Fatyma

Lahore25 - Apr - 2022

13/15
01 Mins 32 Sec
M

Mehwish Fatyma

Lahore25 - Apr - 2022

13/15
01 Mins 35 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

13/15
01 Mins 36 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

13/15
01 Mins 52 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

13/15
01 Mins 56 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

13/15
02 Mins 10 Sec
S

Saif Jutt Basra

Lahore14 - Jun - 2022

13/15
02 Mins 14 Sec

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  • Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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