Question # 1

The kind of loan according to issue

Choose an answer

Cash credit

Discounting of bill

Mortgage loan

All of the above

Which amount is available for salaried and low income persons:

Choose an answer

Current account

Saving account

Fixed deposit

All of the above

Commercial bank can be regarded by nature as

Choose an answer

Depository bank

Central bank

Investment bank

None of the above

What kind of power does commercial bank possess regarding credit creation

Choose an answer

Unlimited power

Limited power

No power

All the above are possible

The amount (capital) recieved by bank after issuing shares is called:

Choose an answer

Reserve capital

Paid up capital

Autherized capital

Issued capital

The forms of cash reserve of commercial bank:

Choose an answer

Cash in hand

Reserve with central bank

Recievable from other banks

All of the above

Because of low Reserve Ratio the credit creation power.

Choose an answer

Increases

Decreases

Constant

Zero

Polymer Currency includes

Choose an answer

Debit card

ATM card

Credit card

All of these

While deposting money in your a/c you must use.

Choose an answer

Pay in slip

Deposit slip

Credit voucher

All of these

Which is the Primary functionof a commercial bank.

Choose an answer

Issue Notes

Accepting Deposits

Credit creation

None of these

Commercial bank is called:

Choose an answer

Banker's bank

Bank of public

Custodian of foreign exchange

Banker to the Government

Which of the following functions is performed by commercial bank

Choose an answer

Issuance of currency notes

Credit creation

Rediscounting of bills

Preparation of monetary policy

Exchange banks are commonly known as.

Choose an answer

Foreign bank

Central bank

Consortium Bank

None of these

The loans on which high rate of interest is charged :

Choose an answer

Medium term loans

Long term loans

Short term loans

Demand loans

Commercial bank creates credit

Choose an answer

By discounting of bills

By investment

By advancing loans

All of the above

Cash reserve of commercial Banks includes.

Choose an answer

Cash in hand

Cash with SBP

Balance with other banks

All the above

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer