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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
The word IOU means.
Question # 2
Feature of postal order
Question # 3
Features of I.O.U. are
Question # 4
Which party to L.C. is called beneficiary.
Question # 5
Transfer of money from one palce to another place with the help of post office.
Question # 6
In L.C. the other name of exporter's bank is.
Question # 7
The Kiind of non commercial letter of credit includes.
Question # 8
Upper specie point is got by adding the delivery charges in following metal
Question # 9
Foreign exchange control reduces the
Question # 10
Which of the following theories is associated with the working of international gold standard
Question # 11
The bank that makes payment to the exporter after receiving L.C. is called.
Question # 12
The term foreign exchange includes
Question # 13
The example of non commercial letter of credit.
Question # 14
Parties involved in I.O.U
Question # 15
Non geogibale credit instruemnt are.
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 | Upper specie point is got by adding the delivery charges in following metal |
A. Silver
B. Gold
C. Iron
D. Copper
|
| 2 | Parties involved in postal order |
A. Two
B. Three
C. Four
D. Five
|
| 3 | The change in demand and supply of foreign currency effects |
A. Exchange rate
B. Traveller's L.C
C. Letter of credit
D. None of these
|
| 4 | 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
|
| 5 | The Kiind of non commercial letter of credit includes. |
A. Traveler L.C.
B. Circular note
C. Credit card
D. All 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 | 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
|
| 8 | In L.C. the other name of exporter's bank is. |
A. Paying bank
B. Advising bank
C. Negotiating bank
D. All of these
|
| 9 | The word IOU means. |
A. I am your creditor
B. I am your debtor
C. I am your friend
D. None of these
|
| 10 | Non geogibale credit instruemnt are. |
A. Letter of credit
B. I.O.U
C. Money order
D. All of these
|
Test Questions
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