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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
Security is a powerful tool that ensure the repayment of:
Question # 2
The numebr of parties in a cheque are.
Question # 3
Security is a powerful tool that ensure tthe repayment of:
Question # 4
On which of the following amount of overcraft, bank receives interest:
Question # 5
Parties involved in a cheque.
Question # 6
The person in who's favor a cheque is endorsed is called.
Question # 7
In case of mortage, the property remains in the possession of:
Question # 8
What is called a good security
Question # 9
The types of credit instrument are.
Question # 10
Cheque consists of future date is called.
Question # 11
Two transverse parallel lines on the face of cheque.
Question # 12
The cheque which cannot be cashed on the bank counter.
Question # 13
The loan which can be demanded at any time are called
Question # 14
Cheque is a credit instrument.
Question # 15
Long term is advanced against the following security:
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 | Long term loan period is consisted of: |
A. Days
B. Months
C. Years
D. All of the above
|
| 2 | Account payee only in the transverse parallel line. |
A. Bearer cheque
B. Special crossing
C. General crossing
D. None of these
|
| 3 | Why does a bank grant loans to businessmen |
A. To purchase raw material
B. To pay wages
C. To pay development expenditures
D. All the above
|
| 4 | On which of the following amount of overcraft, bank receives interest: |
A. Fix
B. Total
C. Used
D. All of the above
|
| 5 | Bank prefers to advance loan on such documents |
A. Which are easy to keep
B. Which are transferable
C. Whose price can be determined easily
D. All the above
|
| 6 | Two transverse parallel lines on the face of cheque. |
A. Crossingof cheque
B. Dishnoring of cheque
C. Endorsed of cheque
D. Retirementof cheque
|
| 7 | Main uses of bank funds are |
A. Advancing loans
B. Direct investment
C. Both a and b
D. None of these
|
| 8 | Security is a powerful tool that ensure tthe repayment of: |
A. Deposit
B. Dept
C. Interest
D. None of the above
|
| 9 | Popular types of loan issued by the bank according to term are |
A. Two
B. Three
C. Four
D. Five
|
| 10 | In case of mortage, the property remains in the possession of: |
A. Lender (creditors)
B. Borrower (debtors)
C. The government
D. All of the above
|
Test Questions