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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
Because of low Reserve Ratio the credit creation power.
Question # 2
Banking companies ordinace is
Question # 3
The important (basic) kinds of accounts opened in commercial banks are:
Question # 4
the card which can be used to pay for goods purchased.
Question # 5
The current account nd saving account is also called
Question # 6
Which of the following is a limitation in credit creation.
Question # 7
If a credit is lost, what shuld the holder do.
Question # 8
To make payments of variable amounts to a stated A/c
Question # 9
Which amount is available for salaried and low income persons:
Question # 10
For commercial baks deposits are.
Question # 11
For more credit creation a bank must have.
Question # 12
Decreas in cash reserve ratio of scheduled Banks.
Question # 13
For commercial banks deposits are.
Question # 14
Present commercial Banks are teh Developed form of the business of.
Question # 15
Heart of Financial Structure.
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 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 2 | Over draft facility is only provided on: |
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
|
| 3 | Commercial bank creates the following Money |
A. Metallic
B. Credit
C. Paper
D. All the above
|
| 4 | The important (basic) kinds of accounts opened in commercial banks are: |
A. Two
B. Three
C. Four
D. countless
|
| 5 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
| 6 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 7 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 8 | 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
|
| 9 | Which of the followig is not an example of Plastic money. |
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
|
| 10 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
Test Questions