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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
Commercial bank create money.
Question # 2
The commercial banks may be:
Question # 3
Quaid -e- Azam opened his bank account in.
Question # 4
Exchange banks are commonly known as.
Question # 5
To make payments of variable amounts to a stated A/c
Question # 6
Banking companies ordinace is
Question # 7
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 8
Heart of Financial Structure.
Question # 9
Over draft facility is only provided on:
Question # 10
The kind of loan according to issue
Question # 11
For more credit creation a bank must have.
Question # 12
Because of low Reserve Ratio the credit creation power.
Question # 13
The loan which can be demanded by bank at anytime:
Question # 14
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 15
The amount in fixed deposit can be
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Habib Bank Limited was formed on. |
A. 1941
B. 1931
C. 1951
D. 1961
|
| 2 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 3 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 4 | Which type of loan is advanced by commercial banks for meeting day-to-day requirements: |
A. Short term loan
B. Medium term loan
C. Long term loan
D. All of the above
|
| 5 | For more credit creation a bank must have. |
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
|
| 6 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 7 | Because of high reserve ratio the credit creation power. |
A. Constant
B. Increases
C. Decreases
D. Zero
|
| 8 | Process of credit creation by |
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
|
| 9 | Polymer Currency includes |
A. Debit card
B. ATM card
C. Credit card
D. All of these
|
| 10 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
Test Questions