Commercial Bank

Commercial Bank

12th Grade

10 Qs

quiz-placeholder

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Commercial Bank

Commercial Bank

Assessment

Quiz

Business

12th Grade

Hard

Created by

Asma Nadeem

Used 160+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commercial bank is a financial adviser of its _____________

State bank

Non Schedule Banks

Account Holder

other commercial banks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Issuance of currency notes

Rediscounting of bills

Preparation of monetary policy

Credit creation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Cash reserve

Margin

Interest rate

All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Profit

Deposit

Interest

Loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Receiving deposits

Issuing Loans

Rediscounting of Bill

Safe custody to Valuables

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit creation is done under which of the following methods?

Making Investment

Providing Loans

Discounting of Bill

All of the above

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