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2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
ic

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 Which is the Primary functionof a commercial bank.
  • A. Issue Notes
  • B. Accepting Deposits
  • C. Credit creation
  • D. None of these
2 Which bank does discount the bills of public
  • A. Commercial bank
  • B. Agricultural bank
  • C. Industrial bank
  • D. All of the above
3 Commercial bank can be regarded by nature as
  • A. Depository bank
  • B. Central bank
  • C. Investment bank
  • D. None of the above
4 Which is the secondary function of a commercial bank.
  • A. Accepting deposits
  • B. Advancing loans
  • C. Collection of cheques
  • D. all of these
5 The relation ship between Cash Reserve and credit creation is.
  • A. No relationship
  • B. Direct
  • C. Inverse
  • D. One way
6 If a credit card is lost, what should the holder do.
  • A. Report to employer
  • B. Report to bank
  • C. Report to insurance co.
  • D. All the above
7 The life blood of acomemrcial bank.
  • A. Deposits
  • B. With drawals
  • C. Liabilities
  • D. All these
8 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
9 Which bank does accept the deposits from public
  • A. Commercial bank
  • B. Central bank
  • C. Foreign exchange bank
  • D. All the above
10 The kind of loan according to issue
  • A. Cash credit
  • B. Discounting of bill
  • C. Mortgage loan
  • D. All of the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 2 Online Test

H

Huzaira Azam

Lahore26 - Nov - 2023

14/15
04 Mins 23 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

13/15
01 Mins 31 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

13/15
02 Mins 06 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

13/15
02 Mins 17 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

13/15
03 Mins 03 Sec
H

Huzaira Azam

Lahore27 - Nov - 2023

13/15
05 Mins 37 Sec
D

Dawood Baloch

Lahore09 - Sep - 2023

12/15
02 Mins 34 Sec
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Dawood Baloch

Lahore11 - Sep - 2023

12/15
02 Mins 49 Sec
D

Dawood Baloch

Lahore09 - Sep - 2023

12/15
02 Mins 50 Sec
A

Ayesha

Lahore21 - Nov - 2023

11/15
01 Mins 36 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

11/15
01 Mins 43 Sec
H

Huzaira Azam

Lahore26 - Nov - 2023

10/15
02 Mins 43 Sec
R

Rukhsar Yousuf Unar

Lahore24 - Sep - 2023

10/15
03 Mins 11 Sec
H

Huzaira Azam

Lahore27 - Nov - 2023

9/15
02 Mins 13 Sec
D

Dawood Baloch

Lahore09 - Sep - 2023

9/15
06 Mins 09 Sec

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  • Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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