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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"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test
00:00
Question # 1
Which of the following rate keeps the balance of payments in equilibrium
Question # 2
Which of the following theories is associated with the working of international gold standard
Question # 3
The money sent through post office from one country to another
Question # 4
The kind of commercial letter of credit includes.
Question # 5
Which method is mostly used in making foreign payment
Question # 6
Stock certificates are issued by.
Question # 7
Non geogibale credit instruemnt are.
Question # 8
In L.C. the other name of exporter's bank is.
Question # 9
The Kiind of non commercial letter of credit includes.
Question # 10
The price of one country's currency in term other country's currency is called
Question # 11
The change in demand and supply of foreign currency effects
Question # 12
The purpose of credit card is.
Question # 13
Paying bank with respect to a letter of credit is called.
Question # 14
Content of money order includes.
Question # 15
Upper specie point is got by adding the delivery charges in following metal
ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which party of the L.C. is called beneficiary. |
A. Opening bank
B. Buyer
C. Exporter
D. Ex porter's bank
|
| 2 | If there is no gurantee to honour the L.C. It is called. |
A. Documentary L.C.
B. Revolving L.C.
C. Back to back L.C.
D. Unconfirmed L.C.
|
| 3 | The Kiind of non commercial letter of credit includes. |
A. Traveler L.C.
B. Circular note
C. Credit card
D. All of these
|
| 4 | Parties involved in postal order |
A. Two
B. Three
C. Four
D. Five
|
| 5 | 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
|
| 6 | What is the objective of foreign exchange control |
A. To stabilize exchange rate
B. To increase government revenue
C. Favorable balance of payment
D. All the above
|
| 7 | Feature of postal order |
A. Serial no
B. value
C. Commission
D. All of these
|
| 8 | Which party to L.C. is called beneficiary. |
A. Import
B. Export
C. Advising bank
D. Opening bank
|
| 9 | Generally, the instruments which are used in foreign receipts and payments called |
A. Exchange rate
B. Foreign exchange
C. Letter of credit
D. All of the above
|
| 10 | Stock certificates are issued by. |
A. Cental bank
B. Stock market
C. Limite Company
D. Partnership
|
Test Questions