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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
The example of non commercial letter of credit.
Question # 3
The price of one country's currency in term other country's currency is called
Question # 4
In L.C. the other name of exporter's bank is.
Question # 5
Letter of credit state a limit of.
Question # 6
Transfer of money from one palce to another place with the help of post office.
Question # 7
The rate of exchange determined by two countries following non-convertible paper currency system is a point where
Question # 8
Features of I.O.U. are
Question # 9
I.O.U. Is a credit instrument.
Question # 10
Content of money order includes.
Question # 11
Which party of the L.C. is called beneficiary.
Question # 12
Which of the following nature does IOU have.
Question # 13
Non geogibale credit instruemnt are.
Question # 14
The word IOU means.
Question # 15
Postal order is the example of.
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 | 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
|
| 2 | The term foreign exchange includes |
A. Bank draft
B. Letter of credit
C. Foreign B/E
D. All the above
|
| 3 | Which of the following is a non commercial L.C. |
A. Revolving L.C.
B. Traveler 's cheque
C. Unconfirmed L.C.
D. Special L.C.
|
| 4 | Foreign exchange control reduces the |
A. Circulation of capital
B. Export of capital
C. Import of capital
D. None of the above
|
| 5 | Which method is mostly used in making foreign payment |
A. Foreign bills of exchange
B. By post
C. By telegraph
D. None of these
|
| 6 | Postal order is the example of. |
A. Negotible credit instrument
B. Cash instruent
C. Non negotiable credit instrument
D. None of these
|
| 7 | Which of the following nature does IOU have. |
A. An authograph
B. A monograph
C. A sonograph
D. A holograph
|
| 8 | The word L.C stand for. |
A. Long credit
B. Less credit
C. Letter of credit
D. None of these
|
| 9 | Stock certificates are issued by. |
A. Cental bank
B. Stock market
C. Limite Company
D. Partnership
|
| 10 | Which of the following theories is associated with the working of international gold standard |
A. Mint par parity theory
B. Purchasing power theory
C. Balance of payments theory
D. All of the above
|
Test Questions