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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 create money.
Question # 2
Which bank does accept the deposits from public
Question # 3
For its customers a commercial bank sells and buys:
Question # 4
Which type of loan is advanced by commercial banks for meeting day-to-day requirements:
Question # 5
The life blood of acomemrcial bank.
Question # 6
While depositing money in your a/c , you must use.
Question # 7
Decreas in cash reserve ratio of scheduled Banks.
Question # 8
Commercial bank can be regarded by nature as
Question # 9
Which bank does keep the precious articles of public into its custody
Question # 10
Formula for calculating total credit creation:
Question # 11
Which is the Primary functionof a commercial bank.
Question # 12
Because of low Reserve Ratio the credit creation power.
Question # 13
In Pakistan the bank nationalized Act is.
Question # 14
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 15
The relation ship between Cash Reserve and credit creation is.
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 -
T Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15 -
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M M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15 -
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W Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The primary function of commercial bank are |
A. Accepting deposits
B. Advancing loans
C. Both a and b
D. None of these
|
| 2 | Which of the following is a limitation in credit creation. |
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
|
| 3 | Cash reserve of commercial Banks includes. |
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
|
| 4 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 5 | In Pakistan before 1974 commercial Banks were formed under. |
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
|
| 6 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 7 | The relation ship between Cash Reserve and credit creation is. |
A. No relationship
B. Direct
C. Inverse
D. One way
|
| 8 | Present commercial Banks are teh Developed form of the business of. |
A. Money Lenders
B. gold smiths
C. Money changers
D. Merchants
|
| 9 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 10 | If a credit card is lost, what should the holder do. |
A. Report to employer
B. Report to bank
C. Report to insurance co.
D. All the above
|
Test Questions