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	The relation ship between Cash Reserve and credit creation is.	A. No relationship B. Direct C. Inverse D. One way
2	Commercial bank can be regarded by nature as	A. Depository bank B. Central bank C. Investment bank D. None of the above
3	Habib Bank Limited was formed on.	A. 1941 B. 1931 C. 1951 D. 1961
4	Increase in ratio of cash reserve of scheduled banks.	A. Increase of credit creation B. Stop credit creation C. Decreased in credit creation D. None of these
5	Commercial bank create money.	A. Metallic B. Credit C. Paper D. All these
6	The loan which can be demanded by bank at anytime:	A. Overdraft B. Demand loans C. Bills of exchange D. All of the above
7	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
8	To make payments of variable amounts to a stated A/c	A. Direct Debit B. Standing order C. Inter bank transfer D. Clearing House system
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	the card which can be used to pay for goods purchased.	A. ID card B. Credit card C. Chrage card D. Gurantee card