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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
The kind of loan according to issue
Question # 2
Which is teh secondary function of commercial bank.
Question # 3
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 4
The important (basic) kinds of accounts opened in commercial banks are:
Question # 5
Current account is suitable for
Question # 6
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 7
The commercial banks may be:
Question # 8
United Bank Ltd. was formed on.
Question # 9
The relation ship between Cash Reserve and credit creation is.
Question # 10
Decreas in cash reserve ratio of scheduled Banks.
Question # 11
Commercial bank can be
Question # 12
For more credit creation a bank must have.
Question # 13
Commercial bank creates credit
Question # 14
The loan which can be demanded by bank at anytime:
Question # 15
Which of the folloiwng is a valid method of receivig payment from debtors.
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 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 2 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
| 3 | 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
|
| 4 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 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 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 7 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 8 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 9 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 10 | 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
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan