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

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

Sr. # Questions Answers Choice
1 What kind of power does commercial bank possess regarding credit creation Unlimited power Limited power No power All the above are possible
2 Commercial bank creates credit By discounting of bills By investment By advancing loans All of the above
3 Which bank does discount the bills of public Commercial bank Agricultural bank Industrial bank All of the above
4 Which bank does keep the precious articles of public into its custody Central bank Industrial bank Commercial bank None of these
5 Which bank does accept the deposits from public Commercial bank Central bank Foreign exchange bank All the above
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