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

For more credit creation a bank must have.

Question # 2

The commercial banks may be:

Question # 3

In Pakistan before 1974 commercial Banks were formed under.

Question # 4

For commercial banks deposits are.

Question # 5

The higer the cash reserve ratio.

Question # 6

Which of the following is a valid method of receiving payment from debtors.

Question # 7

Decreas in cash reserve ratio of scheduled Banks.

Question # 8

For commercial banks " Advancing loans' are.

Question # 9

The forms of cash reserve of commercial bank:

Question # 10

Which is teh secondary function of commercial bank.

Question # 11

Because of low Reserve Ratio the credit creation power.

Question # 12

The loan which can be demanded by bank at anytime:

Question # 13

Commercial bank advises its customers on

Question # 14

Commercial bank creates the following Money

Question # 15

Which of the folloiwng is a valid method of receivig payment from debtors.

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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 Which bank does discount the bills of public
A. Commercial bank
B. Agricultural bank
C. Industrial bank
D. All of the above
2 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
3 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
4 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
5 Which of the followig is not an example of Plastic money.
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
6 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
7 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
8 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
9 Commercial bank creates the following Money
A. Metallic
B. Credit
C. Paper
D. All the above
10 Bank draft is issued by the bank when the debtor and creditor belngs to.
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these

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