| 1 |
For its customers a commercial bank sells and buys: |
- A. Foreign exchange
- B. Property
- C. Securities
- D. All of the above
|
| 2 |
Which is the Primary functionof a commercial bank. |
- A. Issue Notes
- B. Accepting Deposits
- C. Credit creation
- D. None of these
|
| 3 |
Because of low Reserve Ratio the credit creation power. |
- A. Increases
- B. Decreases
- C. Constant
- D. Zero
|
| 4 |
The loan which can be demanded by bank at anytime: |
- A. Overdraft
- B. Demand loans
- C. Bills of exchange
- D. All of the above
|
| 5 |
The kind of loan according to issue |
- A. Cash credit
- B. Discounting of bill
- C. Mortgage loan
- D. All of the above
|
| 6 |
Which of the following is a limitation in credit creation. |
- A. Initial deposit
- B. Use of cheques
- C. Use currency
- D. all of these
|
| 7 |
Credit card payments are considered. |
- A. Cash payments
- B. Credit payments
- C. Both these
- D. None of these
|
| 8 |
Which bank does accept the deposits from public |
- A. Commercial bank
- B. Central bank
- C. Foreign exchange bank
- D. All the above
|
| 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 |
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
|