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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
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 2
Commercial bank create money.
Question # 3
The primary function of commercial bank are
Question # 4
Polymer Currency includes
Question # 5
To make payments of variable amounts to a stated A/c
Question # 6
Over draft facility is only provided on:
Question # 7
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 8
Quaid -e- Azam opened his bank account in.
Question # 9
If a credit card is lost, what should the holder do.
Question # 10
To make regular payments of a fixed amount to a stated A/c
Question # 11
Which bank does accept the deposits from public
Question # 12
While depositing money in your a/c , you must use.
Question # 13
Quaid -e-Azam opened his bank account in.
Question # 14
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 15
A commercial bank keeps less cash reserve if:
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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F Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15 -
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M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The commercial banks may be: |
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
|
| 2 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 3 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
|
| 4 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 5 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 6 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
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| 7 | 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
|
| 8 | In Pakistan before 1974 commercial Banks were formed under. |
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
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| 9 | For commercial banks " Advancing loans' are. |
A. Assets
B. Liabilities
C. Expenses
D. All of these
|
| 10 | Increase in ratio of cash reserve of scheduled banks. |
A. Increase of credit creation
B. Stop credit creation
C. Decreased in credit creation
D. None of these
|
Test Questions