12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

A commercial bank keeps less cash reserve if:

Question # 2

Commercial bank can be regarded by nature as

Question # 3

The loan which can be demanded by bank at anytime:

Question # 4

Decreas in cash reserve ratio of scheduled Banks.

Question # 5

Formula for calculating total credit creation:

Question # 6

Which of the following functions is performed by commercial bank

Question # 7

The current account nd saving account is also called

Question # 8

Because of low Reserve Ratio the credit creation power.

Question # 9

While depositing money in your a/c , you must use.

Question # 10

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 11

If a credit is lost, what shuld the holder do.

Question # 12

Which is the secondary function of a commercial bank.

Question # 13

For more credit creation a bank must have.

Question # 14

The relation ship between Cash Reserve and credit creation is.

Question # 15

Why commercial banks keep a certain amount of money as reserve

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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 Why commercial banks keep a certain amount of money as reserve
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
2 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
3 Process of credit creation by
A. Central bank
B. Commercial banks
C. Both of these
D. None of these
4 Which affairs of Banks are revealed by articles of Banks.
A. Internal
B. External
C. Political
D. Financial
5 Commercial bank creates the following Money
A. Metallic
B. Credit
C. Paper
D. All the above
6 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
7 Commercial bank can be
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
8 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
9 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
10 The important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless

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