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

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 2

Quaid -e-Azam opened his bank account in.

Question # 3

Commercial bank creates credit

Question # 4

For more credit creation a bank must have.

Question # 5

Cash reserve of commercial Banks includes.

Question # 6

Exchange banks are commonly known as.

Question # 7

The relation ship between Cash Reserve and credit creation is.

Question # 8

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 9

Banking companies ordinace is

Question # 10

Which is the Primary functionof a commercial bank.

Question # 11

Which bank does accept the deposits from public

Question # 12

In Pakistan before 1974 commercial Banks were formed under.

Question # 13

For its customers a commercial bank sells and buys:

Question # 14

Formula for calculating total credit creation:

Question # 15

Bank draft is issued by the bank when the debtor and creditor belngs to.

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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 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
2 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
3 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
4 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
5 Which amount is available for salaried and low income persons:
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
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 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
8 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
9 Which bank does discount the bills of public
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
10 The current account nd saving account is also called
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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