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	While deposting money in your a/c you must use.	A. Pay in slip B. Deposit slip C. Credit voucher D. All of these
2	Decreas in cash reserve ratio of scheduled Banks.	A. No effect B. Decrease in credit creation C. Increase in credit creation D. Stope credit creation
3	The relation ship between Cash Reserve and credit creation is.	A. No relationship B. Direct C. Inverse D. One way
4	The part of deposits kept with the central bank is called:	A. Cash reserve B. Margin C. Interest rate D. All of the above
5	For more credit creation a bank must have.	A. More demand deposits B. More fixed deposits C. More time deposited D. All of these
6	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
7	Current account is suitable for	A. Capitalists B. Salaried persons C. Business community D. None of the above
8	Commercial bank creates the following Money	A. Metallic B. Credit C. Paper D. All the above
9	Which of the followig is not an example of Plastic money.	A. Debit card B. ATM card C. Credit card D. Currency notes
10	Which is teh secondary function of commercial bank.	A. Accepting deposits B. Advancing loans C. Collection of cheques D. All of these