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

The primary function of commercial bank are

Question # 2

Which of the following is a limitation in credit creation

Question # 3

United Bank Ltd. was formed on.

Question # 4

Process of credit creation by

Question # 5

The kind of loan according to issue

Question # 6

Commercial bank create money.

Question # 7

Exchange banks are commonly known as.

Question # 8

For its customers a commercial bank sells and buys:

Question # 9

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

Question # 10

Which affairs of Banks are revealed by articles of Banks.

Question # 11

The part of deposits kept with the central bank is called:

Question # 12

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

Question # 13

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

Question # 14

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 15

Habib Bank Limited was formed on.

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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 Commercial bank advises its customers on
A. Household matters
B. Financial matters
C. Political matters
D. All the above
2 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these
3 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
4 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
5 The current account nd saving account is also called
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
6 United Bank Ltd. was formed on.
A. 1959
B. 1949
C. 1694
D. 1957
7 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
8 Which is the secondary function of a commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
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 is teh secondary function of commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. All of these

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