Tamil Nadu (English Medium) Plus 1 Commerce Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1 If a cheque is in circulation for more than six months, it is called

(A) Post dated cheque	(B)Stale cheque
(C)Pre dated cheque	(D)Dated cheque

Question-2 Primary functions of commercial banks are also called as

(A) Secondary functions	(B)Banking functions
(C)Utility functions	(D)Agency functions

Question-3 The banks, which are not covered by the second schedule of Reserve Bank of India, are called as

(A) Public Sector Banks	(B)Private sector Banks
(C)Non-Scheduled banks	(D)Scheduled banks

Question-4 Regional rural banks are established in

(A) Urban areas	(B)Towns
(C)Hilly areas	(D)Rural areas

Question-5 Banks which deal in foreign exchange and specialize in foreign trade are known as

(A) Commercial banks	(B)Industrial banks
(C)Regional rural banks	(D)Exchange banks

Question-6 Which type of banks are owned and controlled by the government?

(A) Public Sector Banks	(B)Private sector Banks
(C)Co-operative Banks	(D)Scheduled banks

Question-7 In India, the central bank is

(A) State bank of India	(B)Reserve Bank of India
(C)Canara bank	(D)Indian Bank

Question-8 Banking through internet is called

(A) Network banking	(B)Mobile banking
(C)Internet banking	(D)Intranet banking

Question-9 Banks which are owned by private individuals are

(A) Public Sector Banks	(B)Private sector Banks
(C)Co-operative Banks	(D)Scheduled banks

Question-10 Primary Agricultural Co-operative societies are also called as

(A) Village societies	(B)Central Co-operative Banks
(C)State Co-operative Banks	(D)District co-operative central bank

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Plus 1 Commerce

Tamil Nadu (English Medium)

Practice in Related Chapters
Banking
Internal Trade- Small Scale Retail Organisation
International Trade
Salesmanship and Consumerism
Advertising
Insurance
Warehouse
Transport