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	For more credit creation a bank must have.	A. More demand deposits B. More fixed deposits C. More time deposited D. All of these
2	Why commercial banks keep a certain amount of money as reserve	A. Meeting the requirements of customers B. Meeting the requirements of central bank C. Acquiring the satisfaction of having cash D. Expanding the banking business
3	The primary function of commercial bank are	A. Accepting deposits B. Advancing loans C. Both a and b D. None of these
4	For commercial banks deposits are.	A. Assets B. Liabilities C. Income D. Expense
5	The life blood of acomemrcial bank.	A. Deposits B. With drawals C. Liabilities D. All these
6	If a credit card is lost, what should the holder do.	A. Report to employer B. Report to bank C. Report to insurance co. D. All the above
7	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
8	The forms of cash reserve of commercial bank:	A. Cash in hand B. Reserve with central bank C. Recievable from other banks D. All of the above
9	Banking companies ordinace is	A. 1962 B. 1984 C. 1932 D. 1694
10	Bank draft is issued by the bank when the debtor and creditor belngs to.	A. To differnet citiies/Country B. With in same city C. Two different families D. All these