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 create money.	A. Metallic B. Credit C. Paper D. All these
3	Which of the following is a valid method of receiving payment from debtors.	A. Debit card B. Credit card C. ATM card D. Cash
4	The important (basic) kinds of accounts opened in commercial banks are:	A. Two B. Three C. Four D. countless
5	Which of the folloiwng is a valid method of receivig payment from debtors.	A. Debit card B. Credit card C. ATM card D. Cash
6	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
7	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
8	Which of the following is not an example of plastic money	A. Debit card B. ATM card C. Currency notes D. Credit card
9	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
10	The amount in fixed deposit can be	A. Deposited many times B. Deposited only once C. Withdrawn many times D. None of the above