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	A commercial bank keeps less cash reserve if:	A. Cheque is used in most of the transactions B. Cheque house facilty is available C. Rediscounting facility is available D. All of the above
2	Commercial bank is called:	A. Banker's bank B. Bank of public C. Custodian of foreign exchange D. Banker to the Government
3	Process of credit creation by	A. Central bank B. Commercial banks C. Both of these D. None of these
4	Which affairs of Banks are revealed by articles of Banks.	A. Internal B. External C. Political D. Financial
5	Which type of loan is advanced by commercial banks for meeting day-to-day requirements:	A. Short term loan B. Medium term loan C. Long term loan D. All of the above
6	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
7	The kind of loan according to issue	A. Cash credit B. Discounting of bill C. Mortgage loan D. All of the above
8	Which of the following is a limitation in credit creation.	A. Initial deposit B. Use of cheques C. Use currency D. all of these
9	While depositing money in your a/c , you must use.	A. Pay - in slip B. Deposit slip C. Credit voucher D. All these
10	the card which can be used to pay for goods purchased.	A. ID card B. Credit card C. Chrage card D. Gurantee card