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 of the folloiwng is a valid method of receivig payment from debtors.	A. Debit card B. Credit card C. ATM card D. Cash
2	Habib Bank Limited was formed on.	A. 1941 B. 1931 C. 1951 D. 1961
3	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
4	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
5	Which of the following is meant for presenting a summary and balance of accounts of bank customers	A. Bank statement B. Balance sheet C. Pass book D. Prospectus
6	Commercial bank is called:	A. Banker's bank B. Bank of public C. Custodian of foreign exchange D. Banker to the Government
7	The amount in fixed deposit can be	A. Deposited many times B. Deposited only once C. Withdrawn many times D. None of the above
8	Commercial bank creates credit	A. By discounting of bills B. By investment C. By advancing loans D. All of the above
9	The commercial banks may be:	A. Scheduled B. Non-scheduled C. Foreign D. All of the above
10	Current account is suitable for	A. Capitalists B. Salaried persons C. Business community D. None of the above