2nd Chapter

12th Principles of Banking Chapter 2 Test

Here you can prepare 12th Class Principles of Banking Chapter 2 Commercial Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

This online test contains MCQs about following topics:

. Introduction and definition of commercial bank . Functions of commercial bank . Commercial banks and economic development . Cash reserve of bank and its factors . Creation of credit by commercial banks . Organizational structure of commercial bank . Balance sheet of commercial bank

ICOM Part 2 Banking Ch 2 Test
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12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Sr. # Questions Answers Choice
1 Which of the following is a limitation in credit creation.
  • A. Initial deposit
  • B. Use of cheques
  • C. Use currency
  • D. all of these
2 Current account is suitable for
  • A. Capitalists
  • B. Salaried persons
  • C. Business community
  • D. None of the above
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 Quaid -e- Azam opened his bank account in.
  • A. 1940
  • B. 1945
  • C. 1957
  • D. 1987
5 For commercial baks deposits are.
  • A. Assets
  • B. Liabilities
  • C. Income
  • D. Expense
6 Commercial bank create money.
  • A. Metallic
  • B. Credit
  • C. Paper
  • D. All these
7 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
8 Which of the following functions is performed by commercial bank
  • A. Issuance of currency notes
  • B. Credit creation
  • C. Rediscounting of bills
  • D. Preparation of monetary policy
9 Habib Bank Limited was formed on.
  • A. 1941
  • B. 1931
  • C. 1951
  • D. 1961
10 To make regular payments of a fixed amount to a stated A/c
  • A. Direct Debit
  • B. Standing order
  • C. Inter bank transfer
  • D. All of these

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 2 Online Test

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Noor Us Sahar

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Waiz Sharif

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10/15
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Noor Us Sahar

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9/15
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8/15
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Ahamed Rana

Lahore15 - Feb - 2025

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    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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