| 1 |
The commercial banks may be: |
- A. Scheduled
- B. Non-scheduled
- C. Foreign
- D. All of the above
|
| 2 |
The current account nd saving account is also called |
- A. Sight deposits
- B. Chequing account
- C. Demand deposits
- D. All of these
|
| 3 |
The primary function of commercial bank are |
- A. Accepting deposits
- B. Advancing loans
- C. Both a and b
- D. None of these
|
| 4 |
What kind of power does commercial bank possess regarding credit creation |
- A. Unlimited power
- B. Limited power
- C. No power
- D. All the above are possible
|
| 5 |
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
|
| 6 |
Which amount is available for salaried and low income persons: |
- A. Current account
- B. Saving account
- C. Fixed deposit
- D. All of the above
|
| 7 |
the card which can be used to pay for goods purchased. |
- A. ID card
- B. Credit card
- C. Chrage card
- D. Gurantee card
|
| 8 |
Because of low Reserve Ratio the credit creation power. |
- A. Increases
- B. Decreases
- C. Constant
- D. Zero
|
| 9 |
The amount in fixed deposit can be |
- A. Deposited many times
- B. Deposited only once
- C. Withdrawn many times
- D. None of the above
|
| 10 |
Which of the following functions is performed by commercial bank |
- A. Issuance of currency notes
- B. Credit creation
- C. Rediscounting of bills
- D. Preparation of monetary policy
|