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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
If a credit is lost, what shuld the holder do.
Question # 2
Which of the following functions is performed by commercial bank
Question # 3
Commercial bank create money.
Question # 4
Quaid -e- Azam opened his bank account in.
Question # 5
In Pakistan before 1974 commercial Banks were formed under.
Question # 6
The forms of cash reserve of commercial bank:
Question # 7
Polymer Currency includes
Question # 8
The amount (capital) recieved by bank after issuing shares is called:
Question # 9
Which bank does accept the deposits from public
Question # 10
The higer the cash reserve ratio.
Question # 11
The part of deposits kept with the central bank is called:
Question # 12
A commercial bank keeps less cash reserve if:
Question # 13
The kind of loan according to issue
Question # 14
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Question # 15
Which is the Primary functionof a commercial bank.
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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U Unknown 31 - May - 2023 00 Min 11 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 kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 2 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 3 | The loan which can be demanded by bank at anytime: |
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
|
| 4 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
| 5 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 6 | In Pakistan before 1974 commercial Banks were formed under. |
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
|
| 7 | Which of the following is a valid method of receiving payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 8 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 9 | The loans on which high rate of interest is charged : |
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
|
| 10 | 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
|
Test Questions