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	Current account is suitable for	A. Capitalists B. Salaried persons C. Business community D. None of the above
2	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
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	For commercial banks " Advancing loans' are.	A. Assets B. Liabilities C. Expenses D. All of these
6	Increase in ratio of cash reserve of scheduled banks.	A. Increase of credit creation B. Stop credit creation C. Decreased in credit creation D. None of these
7	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
8	Banking companies ordinace is	A. 1962 B. 1984 C. 1932 D. 1694
9	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
10	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