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 higer the cash reserve ratio.

Question # 2

Commercial bank create money.

Question # 3

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

Question # 4

Which affairs of Banks are revealed by articles of Banks.

Question # 5

A commercial bank keeps less cash reserve if:

Question # 6

Commercial bank can be regarded by nature as

Question # 7

Decreas in cash reserve ratio of scheduled Banks.

Question # 8

Commercial bank is called:

Question # 9

The kind of loan according to issue

Question # 10

Current account is suitable for

Question # 11

For more credit creation a bank must have.

Question # 12

Exchange banks are commonly known as.

Question # 13

Which amount is available for salaried and low income persons:

Question # 14

What kind of power does commercial bank possess regarding credit creation

Question # 15

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

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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 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
2 Which of the following is a limitation in credit creation.
A. Initial deposit
B. Use of cheques
C. Use currency
D. all of these
3 In Pakistan before 1974 commercial Banks were formed under.
A. Co's act 1932
B. Co's Act 1913
C. Co's Act 1984
D. None of these
4 Commercial bank creates the following Money
A. Metallic
B. Credit
C. Paper
D. All the above
5 Which of the following is meant for presenting a summary and balance of accounts of bank customers
A. Bank statement
B. Balance sheet
C. Pass book
D. Prospectus
6 Which of the following is a limitation in credit creation
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
7 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 Which account is called non operating account.
A. Current account
B. Saving account
C. Fixed account
D. BBA account
10 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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