ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

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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12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 Commercial bank can be
  • A. Scheduled
  • B. Foreign
  • C. Non Sheduled
  • D. All these
2 The kind of loan according to issue
  • A. Cash credit
  • B. Discounting of bill
  • C. Mortgage loan
  • D. All of the above
3 Which amount is available for salaried and low income persons:
  • A. Current account
  • B. Saving account
  • C. Fixed deposit
  • D. All of the above
4 Which of the following functions is performed by commercial bank
  • A. Issuance of currency notes
  • B. Credit creation
  • C. Rediscounting of bills
  • D. Preparation of monetary policy
5 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
6 Which of the following is a valid method of receiving payment from debtors.
  • A. Debit card
  • B. Credit card
  • C. ATM card
  • D. Cash
7 If a credit is lost, what shuld the holder do.
  • A. Report to employer
  • B. report to bank
  • C. Reort to insurance co.
  • D. All the above
8 Which of the folloiwng is a valid method of receivig payment from debtors.
  • A. Debit card
  • B. Credit card
  • C. ATM card
  • D. Cash
9 The primary function of commercial bank are
  • A. Accepting deposits
  • B. Advancing loans
  • C. Both a and b
  • D. None of these
10 Exchange banks are commonly known as.
  • A. Foreign bank
  • B. Central bank
  • C. Consortium Bank
  • D. None of these

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

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Noor Us Sahar

Mianwali26 - Feb - 2025

13/15
05 Mins 17 Sec
N

Noor Us Sahar

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12/15
03 Mins 16 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

11/15
05 Mins 28 Sec
N

Noor Us Sahar

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10/15
04 Mins 33 Sec
N

Noor Us Sahar

Mianwali26 - Feb - 2025

9/15
04 Mins 05 Sec
K

Kaamir Instruments

Lahore23 - Feb - 2025

8/15
04 Mins 29 Sec

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    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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