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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
For commercial banks " Advancing loans' are.
Question # 2
Over draft facility is only provided on:
Question # 3
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 4
Banking companies ordinace is
Question # 5
While depositing money in your a/c , you must use.
Question # 6
Commercial bank can be regarded by nature as
Question # 7
For its customers a commercial bank sells and buys:
Question # 8
A commercial bank keeps less cash reserve if:
Question # 9
Which is teh secondary function of commercial bank.
Question # 10
Quaid -e- Azam opened his bank account in.
Question # 11
Which of the following is a valid method of receiving payment from debtors.
Question # 12
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 13
Cash reserve of commercial Banks includes.
Question # 14
Habib Bank Limited was formed on.
Question # 15
Commercial bank creates credit
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 | To make regular payments of a fixed amount to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
|
| 2 | To make payments of variable amounts to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | The relation ship between Cash Reserve and credit creation is. |
A. No relationship
B. Direct
C. Inverse
D. One way
|
| 5 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 6 | Banking companies ordinace is |
A. 1962
B. 1984
C. 1932
D. 1694
|
| 7 | If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
A. Less cash reserve
B. Less margin rate
C. More cash reserve
D. None of the above
|
| 8 | Which account is called non operating account. |
A. Current account
B. Saving account
C. Fixed account
D. BBA account
|
| 9 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 10 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
Test Questions