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	Pay Order is issued by the bank when the debtor and creditor belongs to.	A. Two different cities B. With in same city C. Two different counties D. All these
2	Exchange banks are commonly known as.	A. Foreign bank B. Central bank C. Consortium Bank D. None of these
3	Commercial bank creates credit	A. By discounting of bills B. By investment C. By advancing loans D. All of the above
4	Which of the followig is not an example of Plastic money.	A. Debit card B. ATM card C. Credit card D. Currency notes
5	The part of deposits kept with the central bank is called:	A. Cash reserve B. Margin C. Interest rate D. All of the above
6	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
7	Which affairs of Banks are revealed by articles of Banks.	A. Internal B. External C. Political D. Financial
8	The commercial banks may be:	A. Scheduled B. Non-scheduled C. Foreign D. All of the above
9	Which amount is available for salaried and low income persons:	A. Current account B. Saving account C. Fixed deposit D. All of the above
10	The relation ship between Cash Reserve and credit creation is.	A. No relationship B. Direct C. Inverse D. One way