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Chap#02 Q4 Commercial Bank

Authored by Asma Nadeem

Business

12th Grade

Used 4+ times

Chap#02 Q4 Commercial Bank
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commercial banks create credit:

By Discounting of Bill

By Investment

By Advancing Loan

All of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit money in the country is controlled by

Central Bank

Commercial Bank

Saving Bank

Agriculture Bank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank accepts the deposits from public?

Central Bank

Commercial Bank

  Both A and B

All of theses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commercial bank is a financial adviser of its __________________________________

State Bank

Non Schedule Banks

other Financial Instittions

Account Holder

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 functions are performed by commercial banks?

Issuance of currency notes

Credit creation

Re discounting of bills

Preparation of monetary policy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Receiving deposits

Issuing Loans

Re discounting of Bill

Safe custody of valuables

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