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
ic

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 If a credit card is lost, what should the holder do.
  • A. Report to employer
  • B. Report to bank
  • C. Report to insurance co.
  • D. All the above
2 Commercial bank create money.
  • A. Metallic
  • B. Credit
  • C. Paper
  • D. All these
3 Which bank does accept the deposits from public
  • A. Commercial bank
  • B. Central bank
  • C. Foreign exchange bank
  • D. All the above
4 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
5 For more credit creation a bank must have.
  • A. More demand deposits
  • B. More fixed deposits
  • C. More time deposited
  • D. All of these
6 Which of the following is a valid method of receiving payment from debtors.
  • A. Debit card
  • B. Credit card
  • C. ATM card
  • D. Cash
7 The loans on which high rate of interest is charged :
  • A. Medium term loans
  • B. Long term loans
  • C. Short term loans
  • D. Demand loans
8 Polymer Currency includes
  • A. Debit card
  • B. ATM card
  • C. Credit card
  • D. All of these
9 Commercial bank advises its customers on
  • A. Household matters
  • B. Financial matters
  • C. Political matters
  • D. All the above
10 Increase in ratio of cash reserve of scheduled banks.
  • A. Increase of credit creation
  • B. Stop credit creation
  • C. Decreased in credit creation
  • D. None of these

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

F

Fatima Raja

Lahore16 - Dec - 2024

13/15
02 Mins 01 Sec
W

Waiz Sharif

Lahore11 - Jan - 2025

10/15
01 Mins 42 Sec

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    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

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