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

Start Chapter 2 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"

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

Which affairs of Banks are revealed by articles of Banks.

Question # 2

Why commercial banks keep a certain amount of money as reserve

Question # 3

Polymer Currency includes

Question # 4

Process of credit creation by

Question # 5

Banking companies ordinace is

Question # 6

Which of the followig is not an example of Plastic money.

Question # 7

The higer the cash reserve ratio.

Question # 8

Credit card payments are considered.

Question # 9

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

Question # 10

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 11

Habib Bank Limited was formed on.

Question # 12

Commercial bank creates credit

Question # 13

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

Question # 14

Commercial bank is called:

Question # 15

The loans on which high rate of interest is charged :

Prepare Complete Set Wise Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test

  • H
    HASEEB Ali 01 - Mar - 2024 00 Min 02 Sec 15/15
  • Z
    Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15
  • U
    Unknown 31 - May - 2023 00 Min 11 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 45 Sec 15/15
  • H
    Huzaira Azam 26 - Nov - 2023 04 Min 23 Sec 14/15
  • Z
    z 10 - Mar - 2024 01 Min 06 Sec 13/15
  • F
    Fatima Raja 16 - Dec - 2024 02 Min 01 Sec 13/15
  • S
    Salman Abu Talha 12 - Jun - 2023 02 Min 16 Sec 13/15
  • D
    Dawood Baloch 09 - Sep - 2023 02 Min 34 Sec 12/15
  • A
    ayesha 21 - Nov - 2023 01 Min 36 Sec 11/15
  • M
    M.zubair M.zubair 12 - May - 2026 02 Min 19 Sec 11/15
  • A
    Azhar Malik 05 - Feb - 2024 02 Min 19 Sec 11/15
  • A
    Abdul Waheed 04 - May - 2024 02 Min 50 Sec 11/15
  • K
    Kainat Mudasar 26 - Apr - 2024 06 Min 40 Sec 11/15
  • W
    Waiz Sharif 11 - Jan - 2025 01 Min 42 Sec 10/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
2 Exchange banks are commonly known as.
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
3 Polymer Currency includes
A. Debit card
B. ATM card
C. Credit card
D. All of these
4 Which amount is available for salaried and low income persons:
A. Current account
B. Saving account
C. Fixed deposit
D. All of the above
5 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
6 For more credit creation a bank must have.
A. More demand deposits
B. More fixed deposits
C. More time deposited
D. All of 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 the card which can be used to pay for goods purchased.
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
9 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
10 The forms of cash reserve of commercial bank:
A. Cash in hand
B. Reserve with central bank
C. Recievable from other banks
D. All of the above

Test Questions

Share your comments & questions here

Guest
  • Muhammad Tayyab Azam

    Muhammad Tayyab Azam

    07 Apr 2018

    my name manshan

    Like
    Reply