12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

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Sr.#	Question	Answer
1	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
2	Habib Bank Limited was formed on.	A. 1941 B. 1931 C. 1951 D. 1961
3	Which bank does keep the precious articles of public into its custody	A. Central bank B. Industrial bank C. Commercial bank D. None of these
4	Because of low Reserve Ratio the credit creation power.	A. Increases B. Decreases C. Constant D. Zero
5	What kind of power does commercial bank possess regarding credit creation	A. Unlimited power B. Limited power C. No power D. All the above are possible
6	Which bank does discount the bills of public	A. Commercial bank B. Agricultural bank C. Industrial bank D. All of the above
7	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
8	Over draft facility is only provided on:	A. Current account B. Fixed deposit C. Saving account D. All of the above
9	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
10	The relation ship between Cash Reserve and credit creation is.	A. No relationship B. Direct C. Inverse D. One way