Commercial Bank

Commercial bank is a financial adviser of its _____________

• State bank

• Non Schedule Banks

• Account Holder

• other commercial banks

Which of the following functions are performed by the commercial banks?

• Issuance of currency notes

• Rediscounting of bills

• Preparation of monetary policy

• Credit creation

The part of deposits kept with the central bank is called:

• Cash reserve

• Margin

• Interest rate

• All of these

For the bank, the amount of money in the account of the accountholder is called:

• Profit

• Deposit

• Interest

• Loan

For the process of credit creation all the deposits (liabilities) of the bank are in the form of _____________

• Demand deposits

• Time deposits

• Saving deposits

• Foreign currency deposits

Which of the following is NOT a function of the commercial banks?

• Receiving deposits

• Issuing Loans

• Rediscounting of Bill

• Safe custody to Valuables

Credit creation is done under which of the following methods?

• Making Investment

• Providing Loans

• Discounting of Bill

• All of the above

Which bank accepts the deposits from the public?

• Commercial Banks

• State Bank

• Mortgage Bank

• All of the above

Credit money in the country is created by:

• Central Bank

• Commercial Bank

• Saving Banks

• Agriculture Banks

Credit money in the country is controlled by:

• Commercial Bank

• Agriculture Bank

• Central Bank

• All of the above