Question # 1

The commercial banks may be:

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Scheduled

Non-scheduled

Foreign

All of the above

Which bank does discount the bills of public

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Commercial bank

Agricultural bank

Industrial bank

All of the above

Which account is called non operating account.

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Current account

Saving account

Fixed account

BBA account

Commercial bank advises its customers on

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Household matters

Financial matters

Political matters

All the above

United Bank Ltd. was formed on.

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1959

1949

1694

1957

The documents which present a summary and balance of accounts of an A/C holder in bank.

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Balance sheet

Pass book

Prospectus

Bank Staement

the card which can be used to pay for goods purchased.

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ID card

Credit card

Chrage card

Gurantee card

For its customers a commercial bank sells and buys:

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Foreign exchange

Property

Securities

All of the above

The amount in fixed deposit can be

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Deposited many times

Deposited only once

Withdrawn many times

None of the above

Which of the followig is not an example of Plastic money.

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Debit card

ATM card

Credit card

Currency notes

Which of the following is meant for presenting a summary and balance of accounts of bank customers

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Bank statement

Balance sheet

Pass book

Prospectus

Process of credit creation by

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Central bank

Commercial banks

Both of these

None of these

Commercial bank creates the following Money

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Metallic

Credit

Paper

All the above

Commercial bank is called:

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Banker's bank

Bank of public

Custodian of foreign exchange

Banker to the Government

Why commercial banks keep a certain amount of money as reserve

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Meeting the requirements of customers

Meeting the requirements of central bank

Acquiring the satisfaction of having cash

Expanding the banking business

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