Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test
Start Chapter 12 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test
00:00
Question # 1
Which party to L.C. is called beneficiary.
Question # 2
Which of the following nature does IOU have.
Question # 3
Generally, the instruments which are used in foreign receipts and payments called
Question # 4
The rate of exchange determined by two countries following non-convertible paper currency system is a point where
Question # 5
The change in demand and supply of foreign currency effects
Question # 6
The word L.C stand for.
Question # 7
I.O.U. Is a credit instrument.
Question # 8
The example of non commercial letter of credit.
Question # 9
Which of the following is a non commercial L.C.
Question # 10
Parties involved in I.O.U
Question # 11
If there is no gurantee to honour the L.C. It is called.
Question # 12
Parties involved in postal order
Question # 13
Which of the following theories is associated with the working of international gold standard
Question # 14
The Kiind of non commercial letter of credit includes.
Question # 15
Which of the following rate keeps the balance of payments in equilibrium
ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test" MCQ`s Test
-
M Mubashira 10 - Jul - 2021 00 Min 19 Sec 15/15 -
D Daniyal 23 - Mar - 2021 00 Min 57 Sec 15/15 -
S Sidra 12 - Jul - 2021 01 Min 01 Sec 15/15 -
Z Zeshan 10 - Jul - 2021 02 Min 29 Sec 15/15 -
M Maliha 21 - Jun - 2021 06 Min 38 Sec 15/15 -
A ameer 13 - Jul - 2021 10 Min 50 Sec 15/15 -
K Kibriya 02 - Jul - 2021 01 Min 11 Sec 14/15 -
U Umer Umer 08 - Jun - 2024 08 Min 15 Sec 14/15 -
H Hassan Abid 23 - Jun - 2022 01 Min 37 Sec 13/15 -
K KHALIL UR REHAMAN 13 - Aug - 2022 02 Min 05 Sec 13/15 -
P Palwasha 29 - Jun - 2021 02 Min 14 Sec 13/15 -
H Hassan Maqsood 26 - May - 2023 02 Min 20 Sec 13/15 -
M Mohsina 11 - Jul - 2021 02 Min 46 Sec 13/15 -
T Teiyr 11 - Nov - 2025 02 Min 50 Sec 13/15 -
H Hinan 12 - Jul - 2021 03 Min 17 Sec 13/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Stock certificates are issued by. |
A. Cental bank
B. Stock market
C. Limite Company
D. Partnership
|
| 2 | The price of one country's currency in term other country's currency is called |
A. Foreign currency
B. Traveller's L.C.
C. Exchange rate
D. None of these
|
| 3 | If the demand of any country's currency increases then rate of exchange becomes |
A. Favorable
B. Unfavorable
C. Both a and b
D. None of these
|
| 4 | In L.C. the other name of importer's bank is. |
A. Buyer bank
B. Opening bank
C. Issuing bank
D. All of these
|
| 5 | Features of I.O.U. are |
A. Written form
B. Evidence of debt
C. Fixed amount
D. All of these
|
| 6 | Paying bank with respect to a letter of credit is called. |
A. Advising bank
B. Informatory bank
C. Both these
D. None of these
|
| 7 | Letter of credit is opened by. |
A. Importer 's bank
B. Exporter's bank
C. Wholse seller
D. None of these
|
| 8 | The bank that makes payment to the exporter after receiving L.C. is called. |
A. Advising bank
B. Informatory bank
C. Paying bank
D. All of these
|
| 9 | I.O.U. Is a credit instrument. |
A. Negotiable
B. Non Negotiable
C. Partial Negotiable
D. Conditional negotiable
|
| 10 | Upper specie point is got by adding the delivery charges in following metal |
A. Silver
B. Gold
C. Iron
D. Copper
|
Test Questions