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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 creates the following Money
Question # 2
What kind of power does commercial bank possess regarding credit creation
Question # 3
Process of credit creation by
Question # 4
The loans on which high rate of interest is charged :
Question # 5
Bank draft is issued by the bank when the debtor and creditor belngs to.
Question # 6
Present commercial Banks are teh Developed form of the business of.
Question # 7
The amount (capital) recieved by bank after issuing shares is called:
Question # 8
Which affairs of Banks are revealed by articles of Banks.
Question # 9
The important (basic) kinds of accounts opened in commercial banks are:
Question # 10
Commercial bank can be
Question # 11
For commercial baks deposits are.
Question # 12
Which is the Primary functionof a commercial bank.
Question # 13
Heart of Financial Structure.
Question # 14
Which of the following is a limitation in credit creation
Question # 15
The commercial banks may be:
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 | 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
|
| 2 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
| 5 | Formula for calculating total credit creation: |
A. New deposit x 1/Reserve ratio
B. New deposit x Reserve ratio/1
C. Reserve ratio x 1/New deposit
D. None of the above
|
| 6 | Which is the secondary function of a commercial bank. |
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
|
| 7 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 8 | The higer the cash reserve ratio. |
A. Credit creation zero
B. Credit creation constant
C. Higher the credit creation
D. Lower the credit creation
|
| 9 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 10 | Heart of Financial Structure. |
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
|
Test Questions
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Muhammad Tayyab Azam
07 Apr 2018my name manshan