1 |
If a credit card is lost, what should the holder do. |
- A. Report to employer
- B. Report to bank
- C. Report to insurance co.
- D. All the above
|
2 |
Commercial bank create money. |
- A. Metallic
- B. Credit
- C. Paper
- D. All these
|
3 |
Which bank does accept the deposits from public |
- A. Commercial bank
- B. Central bank
- C. Foreign exchange bank
- D. All the above
|
4 |
Which of the following is a limitation in credit creation |
- A. Initial deposit
- B. Use of cheques
- C. Use of currency
- D. All of these
|
5 |
For more credit creation a bank must have. |
- A. More demand deposits
- B. More fixed deposits
- C. More time deposited
- D. All of these
|
6 |
Which of the following is a valid method of receiving payment from debtors. |
- A. Debit card
- B. Credit card
- C. ATM card
- D. Cash
|
7 |
The loans on which high rate of interest is charged : |
- A. Medium term loans
- B. Long term loans
- C. Short term loans
- D. Demand loans
|
8 |
Polymer Currency includes |
- A. Debit card
- B. ATM card
- C. Credit card
- D. All of these
|
9 |
Commercial bank advises its customers on |
- A. Household matters
- B. Financial matters
- C. Political matters
- D. All the above
|
10 |
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
|