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 When the name of the banker is written on the face of the cheque it is called

(A) General crossing	(B)Special crossing
(C)Common crossing	(D)Normal crossing

Question-2 Regional rural banks are established in

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

Question-3 Negotiable Instruments Act was passed in

(A) 1881	(B)1872
(C)1991	(D)1855

Question-4 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-5 The apex bank and the statutory institution in the money market of a country is

(A) Central bank	(B)Industrial bank
(C)Regional rural bank	(D)Exchange bank

Question-6 Internet banking is also called as

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

Question-7 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-8 Bankers are not only dealers of money but also leaders in

(A) Economic development	(B)Trade development
(C)Industry development	(D)Service development

Question-9 The use of data communications to transfer money among accounts is called as

(A) Cheque	(B)Drafts
(C)Overdraft	(D)Electronic fund transfer

Question-10 Reserve Bank of India was established in

(A) 1935	(B)1947
(C)1966	(D)1949

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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