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ICOM Part 2 English Medium Principles of Banking Chapter 8 MCQ's Test
Start Chapter 8 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 8 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test
00:00
Question # 1
The loans obtained for meeting the administrative expenses and purchase of raw material are:
Question # 2
Two transverse parallel lines on the face of cheque.
Question # 3
The types of credit instrument are.
Question # 4
Popular types of loan issued by the bank according to term are
Question # 5
Long term loan period is consisted of:
Question # 6
Alternation in cheque must be singed by.
Question # 7
Which things can be accepted by bank as security at the time of granting loan
Question # 8
The loan which is granted by by bank to account holder on temporary basis called
Question # 9
The document which reveals the ownership of goods kept on port:
Question # 10
Crossing makes the cheque
Question # 11
On every cheque bank gets.
Question # 12
The word credit has been derived from a latin word.
Question # 13
What is meant by the principle of diversity regarding issuance of loan
Question # 14
Security is a powerful tool that ensure the repayment of:
Question # 15
Negotiable credit instrument.
ICOM Part 2 English Medium Principles of Banking Chapter 8 MCQ's Test
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Main uses of bank funds are |
A. Advancing loans
B. Direct investment
C. Both a and b
D. None of these
|
| 2 | Popular types of loan issued by the bank according to term are |
A. Two
B. Three
C. Four
D. Five
|
| 3 | The main sources of bank's fund are |
A. Own capital
B. Deposits
C. Loan from other banks
D. All the above
|
| 4 | The loans obtained for meeting the administrative expenses and purchase of raw material are: |
A. Short term loans
B. Medium Term lonas
C. Long Term lonas
D. All of the above
|
| 5 | Crossing makes the cheque |
A. Acceptable
B. Dishonour
C. Safe
D. None of these
|
| 6 | Cheque is a credit instrument. |
A. Partial negotiable
B. Negotiable
C. Non negotiable
D. None of these
|
| 7 | Parties involved in a cheque. |
A. A/c holder
B. Bank
C. Payee
D. All of these
|
| 8 | Who does accept the responsibility for repayment debt |
A. Guarantor
B. Personal security
C. Both a and b
D. None of the these
|
| 9 | On every cheque bank gets. |
A. Tax
B. Profit
C. Duty
D. Commission
|
| 10 | Account payee only in the transverse parallel line. |
A. Bearer cheque
B. Special crossing
C. General crossing
D. None of these
|
Test Questions