Question # 1

Commercial bank can be

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Scheduled

Foreign

Non Sheduled

All these

For commercial baks deposits are.

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Assets

Liabilities

Income

Expense

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

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Money Lenders

gold smiths

Money changers

Merchants

Habib Bank Limited was formed on.

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1941

1931

1951

1961

The higer the cash reserve ratio.

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Credit creation zero

Credit creation constant

Higher the credit creation

Lower the credit creation

Banking companies ordinace is

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1962

1984

1932

1694

Heart of Financial Structure.

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Commercial bank

Central bank

Consortium Banks

All these

If a credit card is lost, what should the holder do.

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Report to employer

Report to bank

Report to insurance co.

All the above

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

Credit card payments are considered.

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Cash payments

Credit payments

Both these

None of these

Commercial bank creates credit

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By discounting of bills

By investment

By advancing loans

All of the above

The commercial banks may be:

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Scheduled

Non-scheduled

Foreign

All of the above

Which bank does accept the deposits from public

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Commercial bank

Central bank

Foreign exchange bank

All the above

Which is the secondary function of a commercial bank.

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Accepting deposits

Advancing loans

Collection of cheques

all of these

If a credit is lost, what shuld the holder do.

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Report to employer

report to bank

Reort to insurance co.

All the above

Why commercial banks keep a certain amount of money as reserve

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Meeting the requirements of customers

Meeting the requirements of central bank

Acquiring the satisfaction of having cash

Expanding the banking business

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test MCQs With Answers

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