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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
Which of the following is a limitation in credit creation.
Question # 2
Which is teh secondary function of commercial bank.
Question # 3
United Bank Ltd. was formed on.
Question # 4
The primary function of commercial bank are
Question # 5
The life blood of acomemrcial bank.
Question # 6
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 7
Exchange banks are commonly known as.
Question # 8
Because of high reserve ratio the credit creation power.
Question # 9
Which of the followig is not an example of Plastic money.
Question # 10
Commercial bank is called:
Question # 11
The part of deposits kept with the central bank is called:
Question # 12
Which of the following is a limitation in credit creation
Question # 13
While depositing money in your a/c , you must use.
Question # 14
The loan which can be demanded by bank at anytime:
Question # 15
The current account nd saving account is also called
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 of the following functions is performed by commercial bank |
A. Issuance of currency notes
B. Credit creation
C. Rediscounting of bills
D. Preparation of monetary policy
|
| 2 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 3 | The part of deposits kept with the central bank is called: |
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
|
| 4 | If a credit is lost, what shuld the holder do. |
A. Report to employer
B. report to bank
C. Reort to insurance co.
D. All the above
|
| 5 | 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
|
| 6 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 7 | The relation ship between Cash Reserve and credit creation is. |
A. No relationship
B. Direct
C. Inverse
D. One way
|
| 8 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 9 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All 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