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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
Commercial bank create money.
Question # 2
Formula for calculating total credit creation:
Question # 3
To make payments of variable amounts to a stated A/c
Question # 4
Increase in ratio of cash reserve of scheduled banks.
Question # 5
The part of deposits kept with the central bank is called:
Question # 6
Which is teh secondary function of commercial bank.
Question # 7
Current account is suitable for
Question # 8
The primary function of commercial bank are
Question # 9
If a credit card is lost, what should the holder do.
Question # 10
Commercial bank creates the following Money
Question # 11
Which bank does accept the deposits from public
Question # 12
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 13
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 14
For commercial baks deposits are.
Question # 15
Which of the following functions is performed by commercial 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 | Which is teh secondary function of commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these
|
| 2 | Which affairs of Banks are revealed by articles of Banks. |
A. Internal
B. External
C. Political
D. Financial
|
| 3 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 4 | Pay Order is issued by the bank when the debtor and creditor belongs to. |
A. Two different cities
B. With in same city
C. Two different counties
D. All these
|
| 5 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 6 | Which of the followig is not an example of Plastic money. |
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
|
| 7 | For its customers a commercial bank sells and buys: |
A. Foreign exchange
B. Property
C. Securities
D. All of the above
|
| 8 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 9 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 10 | Which bank does keep the precious articles of public into its custody |
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
|
Test Questions
