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	For commercial banks " Advancing loans' are.	A. Assets B. Liabilities C. Expenses D. All of these
2	Which one is not the feature of good Banking system.	A. Economic development B. Inflation C. Larger Capital D. TYrust of public
3	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
4	Quaid -e-Azam opened his bank account in.	A. ABL B. MCB C. HBL D. NBP
5	Bank draft is issued by the bank when the debtor and creditor belngs to.	A. To differnet citiies/Country B. With in same city C. Two different families D. All these
6	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
7	The primary function of commercial bank are	A. Accepting deposits B. Advancing loans C. Both a and b D. None of these
8	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
9	Commercial bank can be regarded by nature as	A. Depository bank B. Central bank C. Investment bank D. None of the above
10	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