Question # 1

If a credit is lost, what shuld the holder do.

Choose an answer

Report to employer

report to bank

Reort to insurance co.

All the above

Which one is not the feature of good Banking system.

Choose an answer

Economic development

Inflation

Larger Capital

TYrust of public

For more credit creation a bank must have.

Choose an answer

More demand deposits

More fixed deposits

More time deposited

All of these

The commercial banks may be:

Choose an answer

Scheduled

Non-scheduled

Foreign

All of the above

Process of credit creation by

Choose an answer

Central bank

Commercial banks

Both of these

None of these

Commercial bank can be regarded by nature as

Choose an answer

Depository bank

Central bank

Investment bank

None of the above

To make regular payments of a fixed amount to a stated A/c

Choose an answer

Direct Debit

Standing order

Inter bank transfer

All of these

To make payments of variable amounts to a stated A/c

Choose an answer

Direct Debit

Standing order

Inter bank transfer

Clearing House system

Because of high reserve ratio the credit creation power.

Choose an answer

Constant

Increases

Decreases

Zero

The important (basic) kinds of accounts opened in commercial banks are:

Choose an answer

Two

Three

Four

countless

Which is teh secondary function of commercial bank.

Choose an answer

Accepting deposits

Advancing loans

Collection of cheques

All of these

Because of low Reserve Ratio the credit creation power.

Choose an answer

Increases

Decreases

Constant

Zero

The kind of loan according to issue

Choose an answer

Cash credit

Discounting of bill

Mortgage loan

All of the above

The amount (capital) recieved by bank after issuing shares is called:

Choose an answer

Reserve capital

Paid up capital

Autherized capital

Issued capital

The loan which can be demanded by bank at anytime:

Choose an answer

Overdraft

Demand loans

Bills of exchange

All of the above

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Chapter 2 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer