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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
Which of the following is a valid method of receiving payment from debtors.
Question # 2
Which is the Primary functionof a commercial bank.
Question # 3
To make regular payments of a fixed amount to a stated A/c
Question # 4
The relation ship between Cash Reserve and credit creation is.
Question # 5
Decreas in cash reserve ratio of scheduled Banks.
Question # 6
Commercial bank creates the following Money
Question # 7
Because of low Reserve Ratio the credit creation power.
Question # 8
The forms of cash reserve of commercial bank:
Question # 9
For its customers a commercial bank sells and buys:
Question # 10
Quaid -e-Azam opened his bank account in.
Question # 11
United Bank Ltd. was formed on.
Question # 12
Which bank does accept the deposits from public
Question # 13
The commercial banks may be:
Question # 14
Commercial bank can be regarded by nature as
Question # 15
For commercial banks " Advancing loans' are.
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 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 2 | 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
|
| 3 | If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
|
| 4 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 5 | Which of the followig is not an example of Plastic money. |
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
|
| 6 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 7 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 8 | To make regular payments of a fixed amount to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
|
| 9 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 10 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
Test Questions