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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
Formula for calculating total credit creation:
Question # 2
Which bank does keep the precious articles of public into its custody
Question # 3
The kind of loan according to issue
Question # 4
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 5
Commercial bank can be
Question # 6
Which bank does discount the bills of public
Question # 7
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 8
Polymer Currency includes
Question # 9
To make regular payments of a fixed amount to a stated A/c
Question # 10
Which is the secondary function of a commercial bank.
Question # 11
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 12
Which account is called non operating account.
Question # 13
Credit card payments are considered.
Question # 14
Process of credit creation by
Question # 15
To make payments of variable amounts to a stated A/c
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test
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H HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15 -
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 -
H Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15 -
Z z 10 - Mar - 2024 01 Min 06 Sec 13/15 -
F Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15 -
S Salman Abu Talha 12 - Jun - 2023 02 Min 16 Sec 13/15 -
D Dawood Baloch 09 - Sep - 2023 02 Min 34 Sec 12/15 -
A ayesha 21 - Nov - 2023 01 Min 36 Sec 11/15 -
M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The forms of cash reserve of commercial bank: |
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
|
| 2 | Which amount is available for salaried and low income persons: |
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
|
| 3 | In Pakistan the bank nationalized Act is. |
A. Act 1956
B. Act 1932
C. Act 1962
D. Act 1974
|
| 4 | Which is the Primary functionof a commercial bank. |
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
|
| 5 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
| 6 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 7 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 8 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 9 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All of the above
|
| 10 | While deposting money in your a/c you must use. |
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
|
Test Questions