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	Heart of Financial Structure.	A. Commercial bank B. Central bank C. Consortium Banks D. All these
2	For commercial banks deposits are.	A. Assets B. Liabilities C. Income D. Expense
3	Commercial bank is called:	A. Banker's bank B. Bank of public C. Custodian of foreign exchange D. Banker to the Government
4	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
5	The loan which can be demanded by bank at anytime:	A. Overdraft B. Demand loans C. Bills of exchange D. All of the above
6	Commercial bank advises its customers on	A. Household matters B. Financial matters C. Political matters D. All the above
7	Cash reserve of commercial Banks includes.	A. Cash in hand B. Cash with SBP C. Balance with other banks D. All the above
8	Over draft facility is only provided on:	A. Current account B. Fixed deposit C. Saving account D. All of the above
9	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
10	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