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

  • Time Allowed20

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

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Question # 1

In Pakistan the bank nationalized Act is.

Question # 2

The kind of loan according to issue

Question # 3

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

Question # 4

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

Question # 5

Exchange banks are commonly known as.

Question # 6

The amount in fixed deposit can be

Question # 7

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 8

Which of the following is a limitation in credit creation.

Question # 9

Banking companies ordinace is

Question # 10

If a credit is lost, what shuld the holder do.

Question # 11

Which is teh secondary function of commercial bank.

Question # 12

The important (basic) kinds of accounts opened in commercial banks are:

Question # 13

Commercial bank is called:

Question # 14

For commercial baks deposits are.

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 Which of the following is not an example of plastic money
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
2 Over draft facility is only provided on:
A. Current account
B. Fixed deposit
C. Saving account
D. All of the above
3 Commercial bank create money.
A. Metallic
B. Credit
C. Paper
D. All these
4 Pay Order is issued by the bank when the debtor and creditor belongs to.
A. Two different cities
B. With in same city
C. Two different counties
D. All these
5 Which one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
6 While depositing money in your a/c , you must use.
A. Pay - in slip
B. Deposit slip
C. Credit voucher
D. All these
7 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these
8 Quaid -e-Azam opened his bank account in.
A. ABL
B. MCB
C. HBL
D. NBP
9 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
10 The part of deposits kept with the central bank is called:
A. Cash reserve
B. Margin
C. Interest rate
D. All of the above

Test Questions

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  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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