12th class Principle of Banking chapter 2 online mcq test with answers for ICom part 2 Principle of Banking Chapter 2 (Commercial Bank)

Top Scorers Of Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	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
2	The amount (capital) recieved by bank after issuing shares is called:	A. Reserve capital B. Paid up capital C. Autherized capital D. Issued capital
3	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
4	Commercial bank creates the following Money	A. Metallic B. Credit C. Paper D. All the above
5	Which of the following is a limitation in credit creation.	A. Initial deposit B. Use of cheques C. Use currency D. all of these
6	The primary function of commercial bank are	A. Accepting deposits B. Advancing loans C. Both a and b D. None of these
7	For its customers a commercial bank sells and buys:	A. Foreign exchange B. Property C. Securities D. All of the above
8	For more credit creation a bank must have.	A. More demand deposits B. More fixed deposits C. More time deposited D. All of these
9	the card which can be used to pay for goods purchased.	A. ID card B. Credit card C. Chrage card D. Gurantee card
10	Which of the following functions is performed by commercial bank	A. Issuance of currency notes B. Credit creation C. Rediscounting of bills D. Preparation of monetary policy