Chapter 10 BANK MCQs 9 min Score: 0 Attempted: 0/9 Subscribe 1. . The bank is an institute that deals with (A) Gold (B) Money (C) Barter (D) NoneShow All Answers 2. . Commercial bank issues loan (A) Govt. (B) Public (C) Other bank (D) NoneShow All Answers 3. . Which bank issues notes? (A) Scheduled (B) Commercial (C) Central bank (D) PIDCShow All Answers 4. . Bank is an institution, which transacts (A) Credit creation (B) Money (C) Deposits (D) NoneShow All Answers 5. . Commercial bank is an agent of (A) Govt. (B) Account holder (C) Public (D) AllShow All Answers 6. . The purpose of central bank is (A) Welfare of People (B) To earn profit (C) To earn interest (D) NoneShow All Answers 7. . Which bank is not bound to follow the instruction of SBP? (A) Scheduled bank (B) Commercial bank (C) Non scheduled bank (D) IDBPShow All Answers 8. . The bank that provides services of clearing house. (A) NBP (B) BOP (C) ADBP (D) Central bankShow All Answers 9. . The bank does not pay interest on ----------- Ac. (A) Saving (B) Current (C) Fixed (D) a & bShow All Answers
