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 documents which present a summary and balance of accounts of an A/C holder in bank.

Question # 2

Because of high reserve ratio the credit creation power.

Question # 3

Which of the following is not an example of plastic money

Question # 4

Why commercial banks keep a certain amount of money as reserve

Question # 5

For more credit creation a bank must have.

Question # 6

The current account nd saving account is also called

Question # 7

Banking companies ordinace is

Question # 8

In Pakistan the bank nationalized Act is.

Question # 9

Commercial bank creates the following Money

Question # 10

Heart of Financial Structure.

Question # 11

The commercial banks may be:

Question # 12

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

Question # 13

Which amount is available for salaried and low income persons:

Question # 14

Process of credit creation by

Question # 15

For commercial baks deposits are.

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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 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
2 The loans on which high rate of interest is charged :
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
3 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
4 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
5 Pay Order is issued by the bank when the debtor and creditor belongs to.
A. Two different cities
B. With in same city
C. Two different counties
D. All these
6 Which bank does keep the precious articles of public into its custody
A. Central bank
B. Industrial bank
C. Commercial bank
D. None of these
7 Cash reserve of commercial Banks includes.
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above
10 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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