Question # 1

Commercial bank advises its customers on

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Household matters

Financial matters

Political matters

All the above

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

Increase in ratio of cash reserve of scheduled banks.

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Increase of credit creation

Stop credit creation

Decreased in credit creation

None of these

Because of low Reserve Ratio the credit creation power.

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Increases

Decreases

Constant

Zero

United Bank Ltd. was formed on.

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1959

1949

1694

1957

A commercial bank keeps less cash reserve if:

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Cheque is used in most of the transactions

Cheque house facilty is available

Rediscounting facility is available

All of the above

Bank draft is issued by the bank when the debtor and creditor belngs to.

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To differnet citiies/Country

With in same city

Two different families

All these

The kind of loan according to issue

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Cash credit

Discounting of bill

Mortgage loan

All of the above

Which is the Primary functionof a commercial bank.

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Issue Notes

Accepting Deposits

Credit creation

None of these

Pay Order is issued by the bank when the debtor and creditor belongs to.

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Two different cities

With in same city

Two different counties

All these

For commercial banks " Advancing loans' are.

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Assets

Liabilities

Expenses

All of these

Present commercial Banks are teh Developed form of the business of.

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Money Lenders

gold smiths

Money changers

Merchants

Polymer Currency includes

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Debit card

ATM card

Credit card

All of these

Banking companies ordinace is

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1962

1984

1932

1694

Because of high reserve ratio the credit creation power.

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Constant

Increases

Decreases

Zero

Formula for calculating total credit creation:

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New deposit x 1/Reserve ratio

New deposit x Reserve ratio/1

Reserve ratio x 1/New deposit

None of the above

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

Which of the following is a limitation in credit creation

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Initial deposit

Use of cheques

Use of currency

All of these

Commercial bank can be

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Scheduled

Foreign

Non Sheduled

All these

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 loan which can be demanded by bank at anytime:

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Overdraft

Demand loans

Bills of exchange

All of the above

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