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	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
2	If a credit is lost, what shuld the holder do.	A. Report to employer B. report to bank C. Reort to insurance co. D. All the above
3	Which is the secondary function of a commercial bank.	A. Accepting deposits B. Advancing loans C. Collection of cheques D. all of these
4	Which account is called non operating account.	A. Current account B. Saving account C. Fixed account D. BBA account
5	For its customers a commercial bank sells and buys:	A. Foreign exchange B. Property C. Securities D. All of the above
6	The kind of loan according to issue	A. Cash credit B. Discounting of bill C. Mortgage loan D. All of the above
7	The primary function of commercial bank are	A. Accepting deposits B. Advancing loans C. Both a and b D. None of these
8	Which of the followig is not an example of Plastic money.	A. Debit card B. ATM card C. Credit card D. Currency notes
9	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
10	Commercial bank can be	A. Scheduled B. Foreign C. Non Sheduled D. All these