Principles of Banking Icom Part 2 English Medium Online Test With Answers

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Principles of Banking Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 The documents which present a summary and balance of accounts of an A/C holder in bank. Balance sheet Pass book Prospectus Bank Staement
2 Because of high reserve ratio the credit creation power. Constant Increases Decreases Zero
3 Because of low Reserve Ratio the credit creation power. Increases Decreases Constant Zero
4 Which affairs of Banks are revealed by articles of Banks. Internal External Political Financial
5 United Bank Ltd. was formed on. 1959 1949 1694 1957
6 In Pakistan before 1974 commercial Banks were formed under. Co's act 1932 Co's Act 1913 Co's Act 1984 None of these
7 Habib Bank Limited was formed on. 1941 1931 1951 1961
8 Which one is not the feature of good Banking system. Economic development Inflation Larger Capital TYrust of public
9 If a credit card is lost, what should the holder do. Report to employer Report to bank Report to insurance co. All the above
10 While depositing money in your a/c , you must use. Pay - in slip Deposit slip Credit voucher All these
11 Which of the folloiwng is a valid method of receivig payment from debtors. Debit card Credit card ATM card Cash
12 Which of the following is a limitation in credit creation Initial deposit Use of cheques Use of currency All of these
13 Which of the followig is not an example of Plastic money. Debit card ATM card Credit card Currency notes
14 For commercial banks deposits are. Assets Liabilities Income Expense
15 Which is the secondary function of a commercial bank. Accepting deposits Advancing loans Collection of cheques all of these
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