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

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Principles of Banking Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 How many products of E banking 5 6 7 8
2 How many benefits of economy 2 3 4 5
3 How many benefits of bankers 4 5 6 7
4 How many benefits of customers 5 6 7 8
5 How many advantages of e banking 3 4 5 6
6 The automatic delivery of banking products and services to customers through interactive electronic communication is called E banking Electronic banking Both a and b None of these
7 The kind of loan according to issue Cash credit Discounting of bill Mortgage loan All of the above
8 The primary function of commercial bank are Accepting deposits Advancing loans Both a and b None of these
9 Why commercial banks keep a certain amount of money as reserve Meeting the requirements of customers Meeting the requirements of central bank Acquiring the satisfaction of having cash Expanding the banking business
10 Which of the following is meant for presenting a summary and balance of accounts of bank customers Bank statement Balance sheet Pass book Prospectus
11 Which of the following functions is performed by commercial bank Issuance of currency notes Credit creation Rediscounting of bills Preparation of monetary policy
12 Commercial bank creates the following Money Metallic Credit Paper All the above
13 Current account is suitable for Capitalists Salaried persons Business community None of the above
14 Commercial bank advises its customers on Household matters Financial matters Political matters All the above
15 Commercial bank can be regarded by nature as Depository bank Central bank Investment bank None of the above
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