| 1 |
For commercial banks deposits are. |
- A. Assets
- B. Liabilities
- C. Income
- D. Expense
|
| 2 |
Which is teh secondary function of commercial bank. |
- A. Accepting deposits
- B. Advancing loans
- C. Collection of cheques
- D. All of these
|
| 3 |
If a credit is lost, what shuld the holder do. |
- A. Report to employer
- B. report to bank
- C. Reort to insurance co.
- D. All the above
|
| 4 |
The amount in fixed deposit can be |
- A. Deposited many times
- B. Deposited only once
- C. Withdrawn many times
- D. None of the above
|
| 5 |
Which amount is available for salaried and low income persons: |
- A. Current account
- B. Saving account
- C. Fixed deposit
- D. All of the above
|
| 6 |
If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
- A. Less cash reserve
- B. Less margin rate
- C. More cash reserve
- D. None of the above
|
| 7 |
Which of the following is not an example of plastic money |
- A. Debit card
- B. ATM card
- C. Currency notes
- D. Credit card
|
| 8 |
United Bank Ltd. was formed on. |
- A. 1959
- B. 1949
- C. 1694
- D. 1957
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| 9 |
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
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| 10 |
The documents which present a summary and balance of accounts of an A/C holder in bank. |
- A. Balance sheet
- B. Pass book
- C. Prospectus
- D. Bank Staement
|