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	Exchange banks are commonly known as.	A. Foreign bank B. Central bank C. Consortium Bank D. None of these
2	Polymer Currency includes	A. Debit card B. ATM card C. Credit card D. All of these
3	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
4	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
5	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
6	Which bank does accept the deposits from public	A. Commercial bank B. Central bank C. Foreign exchange bank D. All the above
7	Quaid -e- Azam opened his bank account in.	A. 1940 B. 1945 C. 1957 D. 1987
8	The kind of loan according to issue	A. Cash credit B. Discounting of bill C. Mortgage loan D. All of the above
9	The documents which present a summary and balance of accounts of an A/C holder in bank.	A. Balance sheet B. Pass book C. Prospectus D. Bank Staement
10	Which of the following is a limitation in credit creation	A. Initial deposit B. Use of cheques C. Use of currency D. All of these