12th class Principle of Banking chapter 2 short question with answers for ICOM part 2 Principle of Banking Chapter 2

Online Short Questions For Chapter 2 "ICOM Part 2 Principles of Banking Chapter 2 Short Questions Preparation "

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Principles of Banking (E.M) - ICOM Part 2 Principles of Banking Chapter 2 Short Questions Preparation

Question # 1

Define Cash Reserve.

  • Ans 1: According to D.G. LOCKET.
  • Ans 2: "The part of total capital of any trading bank, financial corporation or institution whihc is essential to depsoit with central bank or to keep with it self in cash form is called reserve.
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Prepare Complete Set Wise Questions For Chapter 2 "ICOM Part 2 Principles of Banking Chapter 2 Short Questions Preparation "

ICOM Part 2 Principles of Banking Chapter 2 Short Questions Preparation - Set 1

Question # 1

Define Cash Reserve.

  • Ans 1: According to D.G. LOCKET.
  • Ans 2: "The part of total capital of any trading bank, financial corporation or institution whihc is essential to depsoit with central bank or to keep with it self in cash form is called reserve.
Submit

ICOM Part 2 Principles of Banking Chapter 2 Short Questions Preparation - Set 2

Question # 1

What is meant by Discounting Bill of Exchange.

  • Ans 1: If a creditor holding a Bill of exchange wants money immediately the bank provides him the mooney by discounting the Bill of exchange. Which mean that the bank willnot pay the full amount of bill, but a specifired amont from the bill willbe leducted.
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Principles of Banking
2nd Chapter

12th Principles of Banking Chapter 2 Test

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