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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
Habib Bank Limited was formed on.
Question # 2
Formula for calculating total credit creation:
Question # 3
Quaid -e- Azam opened his bank account in.
Question # 4
Increase in ratio of cash reserve of scheduled banks.
Question # 5
Credit card payments are considered.
Question # 6
Commercial bank can be
Question # 7
The relation ship between Cash Reserve and credit creation is.
Question # 8
A commercial bank keeps less cash reserve if:
Question # 9
Because of low Reserve Ratio the credit creation power.
Question # 10
Which affairs of Banks are revealed by articles of Banks.
Question # 11
The current account nd saving account is also called
Question # 12
For commercial baks deposits are.
Question # 13
Decreas in cash reserve ratio of scheduled Banks.
Question # 14
Which of the following functions is performed by commercial bank
Question # 15
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
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 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 2 | Because of low Reserve Ratio the credit creation power. |
A. Increases
B. Decreases
C. Constant
D. Zero
|
| 3 | 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
|
| 4 | To make regular payments of a fixed amount to a stated A/c |
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
|
| 5 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
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| 6 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 7 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 8 | Credit card payments are considered. |
A. Cash payments
B. Credit payments
C. Both these
D. None of these
|
| 9 | Which of the folloiwng is a valid method of receivig payment from debtors. |
A. Debit card
B. Credit card
C. ATM card
D. Cash
|
| 10 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
Test Questions