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

Credit card payments are considered.

Question # 2

United Bank Ltd. was formed on.

Question # 3

Which bank does discount the bills of public

Question # 4

Which affairs of Banks are revealed by articles of Banks.

Question # 5

While depositing money in your a/c , you must use.

Question # 6

Which bank does keep the precious articles of public into its custody

Question # 7

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 8

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

Question # 9

Which bank does accept the deposits from public

Question # 10

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

Question # 11

The higer the cash reserve ratio.

Question # 12

The loan which can be demanded by bank at anytime:

Question # 13

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 14

The kind of loan according to issue

Question # 15

Which is the Primary functionof a commercial bank.

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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 commercial banks may be:
A. Scheduled
B. Non-scheduled
C. Foreign
D. All of the above
2 Banking companies ordinace is
A. 1962
B. 1984
C. 1932
D. 1694
3 The relation ship between Cash Reserve and credit creation is.
A. No relationship
B. Direct
C. Inverse
D. One way
4 Commercial bank creates credit
A. By discounting of bills
B. By investment
C. By advancing loans
D. All of the above
5 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
6 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
7 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
8 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
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 one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public

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