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ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Start Chapter 2 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"
Try The 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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Time Allowed20
Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test
00:00
Question # 1
Which bank does discount the bills of public
Question # 2
Decreas in cash reserve ratio of scheduled Banks.
Question # 3
Commercial bank creates the following Money
Question # 4
Banking companies ordinace is
Question # 5
While deposting money in your a/c you must use.
Question # 6
The primary function of commercial bank are
Question # 7
The amount (capital) recieved by bank after issuing shares is called:
Question # 8
The loan which can be demanded by bank at anytime:
Question # 9
Because of low Reserve Ratio the credit creation power.
Question # 10
For more credit creation a bank must have.
Question # 11
Which amount is available for salaried and low income persons:
Question # 12
The life blood of acomemrcial bank.
Question # 13
To make payments of variable amounts to a stated A/c
Question # 14
In Pakistan before 1974 commercial Banks were formed under.
Question # 15
Which of the following functions is performed by commercial bank
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 | The amount in fixed deposit can be |
A. Deposited many times
B. Deposited only once
C. Withdrawn many times
D. None of the above
|
| 2 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 3 | Commercial bank is called: |
A. Banker's bank
B. Bank of public
C. Custodian of foreign exchange
D. Banker to the Government
|
| 4 | Commercial bank advises its customers on |
A. Household matters
B. Financial matters
C. Political matters
D. All the above
|
| 5 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 6 | For commercial banks " Advancing loans' are. |
A. Assets
B. Liabilities
C. Expenses
D. All of 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 | A commercial bank keeps less cash reserve if: |
A. Cheque is used in most of the transactions
B. Cheque house facilty is available
C. Rediscounting facility is available
D. All of the above
|
| 9 | United Bank Ltd. was formed on. |
A. 1959
B. 1949
C. 1694
D. 1957
|
| 10 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
Test Questions