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

The commercial banks may be:

Question # 2

Which of the following is a valid method of receiving payment from debtors.

Question # 3

Which one is not the feature of good Banking system.

Question # 4

Because of low Reserve Ratio the credit creation power.

Question # 5

Which of the following functions is performed by commercial bank

Question # 6

Present commercial Banks are teh Developed form of the business of.

Question # 7

Because of high reserve ratio the credit creation power.

Question # 8

Credit card payments are considered.

Question # 9

To make payments of variable amounts to a stated A/c

Question # 10

For commercial baks deposits are.

Question # 11

Commercial bank creates the following Money

Question # 12

Increase in ratio of cash reserve of scheduled banks.

Question # 13

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

Question # 14

The forms of cash reserve of commercial bank:

Question # 15

the card which can be used to pay for goods purchased.

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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 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
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 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
4 The loan which can be demanded by bank at anytime:
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
5 Which of the followig is not an example of Plastic money.
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
6 The forms of cash reserve of commercial bank:
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above
7 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
8 Commercial bank can be regarded by nature as
A. Depository bank
B. Central bank
C. Investment bank
D. None of the above
9 Because of low Reserve Ratio the credit creation power.
A. Increases
B. Decreases
C. Constant
D. Zero
10 Commercial bank create money.
A. Metallic
B. Credit
C. Paper
D. All these

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