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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
Because of low Reserve Ratio the credit creation power.
Question # 2
For its customers a commercial bank sells and buys:
Question # 3
Which of the following is a limitation in credit creation
Question # 4
The primary function of commercial bank are
Question # 5
Pay Order is issued by the bank when the debtor and creditor belongs to.
Question # 6
Commercial bank creates credit
Question # 7
Commercial bank can be regarded by nature as
Question # 8
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 9
The current account nd saving account is also called
Question # 10
The kind of loan according to issue
Question # 11
Because of high reserve ratio the credit creation power.
Question # 12
Process of credit creation by
Question # 13
Which account is called non operating account.
Question # 14
If a credit card is lost, what should the holder do.
Question # 15
Commercial bank advises its customers on
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 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | While depositing money in your a/c , you must use. |
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
|
| 2 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 3 | 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
|
| 4 | For commercial banks " Advancing loans' are. |
A. Assets
B. Liabilities
C. Expenses
D. All of these
|
| 5 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 6 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 7 | Current account is suitable for |
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
|
| 8 | Commercial bank creates credit |
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
|
| 9 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 10 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
Test Questions