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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 the bank nationalized Act is.
Question # 2
Over draft facility is only provided on:
Question # 3
Cash reserve of commercial Banks includes.
Question # 4
Which of the following is a limitation in credit creation
Question # 5
Which is the secondary function of a commercial bank.
Question # 6
Quaid -e- Azam opened his bank account in.
Question # 7
Commercial bank is called:
Question # 8
What kind of power does commercial bank possess regarding credit creation
Question # 9
Commercial bank advises its customers on
Question # 10
If a credit card is lost, what should the holder do.
Question # 11
For commercial baks deposits are.
Question # 12
Which bank does keep the precious articles of public into its custody
Question # 13
The higer the cash reserve ratio.
Question # 14
Which account is called non operating account.
Question # 15
The life blood of acomemrcial bank.
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 part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 2 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 3 | Quaid -e- Azam opened his bank account in. |
A. 1940
B. 1945
C. 1957
D. 1987
|
| 4 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 5 | Which of the following is a limitation in credit creation |
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
|
| 6 | The amount (capital) recieved by bank after issuing shares is called: |
A. Reserve capital
B. Paid up capital
C. Autherized capital
D. Issued capital
|
| 7 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
| 8 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 9 | 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
|
| 10 | To make payments of variable amounts to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
|
Test Questions