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	If a credit is lost, what shuld the holder do.	Report to employer report to bank Reort to insurance co. All the above
2	Cash reserve of commercial Banks includes.	Cash in hand Cash with SBP Balance with other banks All the above
3	While deposting money in your a/c you must use.	Pay in slip Deposit slip Credit voucher All of these
4	Which of the following is a valid method of receiving payment from debtors.	Debit card Credit card ATM card Cash
5	The higer the cash reserve ratio.	Credit creation zero Credit creation constant Higher the credit creation Lower the credit creation
6	For more credit creation a bank must have.	More demand deposits More fixed deposits More time deposited All of these
7	Which of the following is a limitation in credit creation.	Initial deposit Use of cheques Use currency all of these
8	The relation ship between Cash Reserve and credit creation is.	No relationship Direct Inverse One way
9	Decreas in cash reserve ratio of scheduled Banks.	No effect Decrease in credit creation Increase in credit creation Stope credit creation
10	Increase in ratio of cash reserve of scheduled banks.	Increase of credit creation Stop credit creation Decreased in credit creation None of these
11	Which of the following is not an example of plastic money	Debit card ATM card Currency notes Credit card
12	For commercial baks deposits are.	Assets Liabilities Income Expense
13	Which is teh secondary function of commercial bank.	Accepting deposits Advancing loans Collection of cheques All of these
14	To make payments of variable amounts to a stated A/c	Direct Debit Standing order Inter bank transfer Clearing House system
15	To make regular payments of a fixed amount to a stated A/c	Direct Debit Standing order Inter bank transfer All of these

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