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

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Question # 1

The loans on which high rate of interest is charged :

Question # 2

Commercial bank advises its customers on

Question # 3

For commercial banks " Advancing loans' are.

Question # 4

While depositing money in your a/c , you must use.

Question # 5

Which bank does keep the precious articles of public into its custody

Question # 6

Which account is called non operating account.

Question # 7

While deposting money in your a/c you must use.

Question # 8

Commercial bank creates credit

Question # 9

Because of low Reserve Ratio the credit creation power.

Question # 10

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

Question # 11

The commercial banks may be:

Question # 12

Exchange banks are commonly known as.

Question # 13

Decreas in cash reserve ratio of scheduled Banks.

Question # 14

Commercial bank is called:

Question # 15

Banking companies ordinace is

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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 The current account nd saving account is also called
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
2 Which affairs of Banks are revealed by articles of Banks.
A. Internal
B. External
C. Political
D. Financial
3 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
4 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
5 Cash reserve of commercial Banks includes.
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
6 The documents which present a summary and balance of accounts of an A/C holder in bank.
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
7 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
8 Present commercial Banks are teh Developed form of the business of.
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
9 Because of high reserve ratio the credit creation power.
A. Constant
B. Increases
C. Decreases
D. Zero
10 A commercial bank keeps less cash reserve if:
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above

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