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

The important (basic) kinds of accounts opened in commercial banks are:

Question # 2

A commercial bank keeps less cash reserve if:

Question # 3

The forms of cash reserve of commercial bank:

Question # 4

Because of low Reserve Ratio the credit creation power.

Question # 5

Commercial bank creates the following Money

Question # 6

Increase in ratio of cash reserve of scheduled banks.

Question # 7

Commercial bank create money.

Question # 8

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 9

Formula for calculating total credit creation:

Question # 10

Over draft facility is only provided on:

Question # 11

Which bank does accept the deposits from public

Question # 12

For commercial banks " Advancing loans' are.

Question # 13

Exchange banks are commonly known as.

Question # 14

Which one is not the feature of good Banking system.

Question # 15

While depositing money in your a/c , you must use.

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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 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
2 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
3 The forms of cash reserve of commercial bank:
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
4 The relation ship between Cash Reserve and credit creation is.
A. No relationship
B. Direct
C. Inverse
D. One way
5 Which of the folloiwng is a valid method of receivig payment from debtors.
A. Debit card
B. Credit card
C. ATM card
D. Cash
6 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
7 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
8 The higer the cash reserve ratio.
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
9 Formula for calculating total credit creation:
A. New deposit x 1/Reserve ratio
B. New deposit x Reserve ratio/1
C. Reserve ratio x 1/New deposit
D. None of the above
10 The commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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