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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  • Total Questions15

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

Which of the following is not an example of plastic money

Question # 2

Cash reserve of commercial Banks includes.

Question # 3

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

Question # 4

Which of the folloiwng is a valid method of receivig payment from debtors.

Question # 5

The higer the cash reserve ratio.

Question # 6

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

Question # 7

Because of low Reserve Ratio the credit creation power.

Question # 8

Which bank does accept the deposits from public

Question # 9

Which of the followig is not an example of Plastic money.

Question # 10

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

Question # 11

The loans on which high rate of interest is charged :

Question # 12

Commercial bank creates the following Money

Question # 13

Over draft facility is only provided on:

Question # 14

Which account is called non operating account.

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 Cash reserve of commercial Banks includes.
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
2 Exchange banks are commonly known as.
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
3 Decreas in cash reserve ratio of scheduled Banks.
A. No effect
B. Decrease in credit creation
C. Increase in credit creation
D. Stope credit creation
4 For commercial banks " Advancing loans' are.
A. Assets
B. Liabilities
C. Expenses
D. All of these
5 To make payments of variable amounts to a stated A/c
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. Clearing House system
6 The life blood of acomemrcial bank.
A. Deposits
B. With drawals
C. Liabilities
D. All these
7 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All 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 Which is the secondary function of a commercial bank.
A. Accepting deposits
B. Advancing loans
C. Collection of cheques
D. all of these
10 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of these

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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