12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	The current account nd saving account is also called	Sight deposits Chequing account Demand deposits All of these
2	Polymer Currency includes	Debit card ATM card Credit card All of these
3	Exchange banks are commonly known as.	Foreign bank Central bank Consortium Bank None of these
4	For commercial banks " Advancing loans' are.	Assets Liabilities Expenses All of these
5	Credit card payments are considered.	Cash payments Credit payments Both these None of these
6	Which is the Primary functionof a commercial bank.	Issue Notes Accepting Deposits Credit creation None of these
7	Commercial bank create money.	Metallic Credit Paper All these
8	Commercial bank can be	Scheduled Foreign Non Sheduled All these
9	The life blood of acomemrcial bank.	Deposits With drawals Liabilities All these
10	Banking companies ordinace is	1962 1984 1932 1694
11	In Pakistan the bank nationalized Act is.	Act 1956 Act 1932 Act 1962 Act 1974
12	Bank draft is issued by the bank when the debtor and creditor belngs to.	To differnet citiies/Country With in same city Two different families All these
13	Pay Order is issued by the bank when the debtor and creditor belongs to.	Two different cities With in same city Two different counties All these
14	Quaid -e-Azam opened his bank account in.	ABL MCB HBL NBP
15	Quaid -e- Azam opened his bank account in.	1940 1945 1957 1987