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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
Popular types of loan issued by the bank according to term are
Question # 2
Which things can be accepted by bank as security at the time of granting loan
Question # 3
The loan which can be demanded at any time are called
Question # 4
Negotiable instruments are defined by Act.
Question # 5
Long term loan is advanced against the following security:
Question # 6
The main sources of bank's fund are
Question # 7
The numebr of parties in a cheque are.
Question # 8
What is meant by the principle of diversity regarding issuance of loan
Question # 9
Bank should advance loans to those people who are strong
Question # 10
Alternation in cheque must be singed by.
Question # 11
Why does a bank grant loans to businessmen
Question # 12
Long term is advanced against the following security:
Question # 13
Which of the following is a highly marketable security
Question # 14
Cheque is always payable on.
Question # 15
Crossing makes the cheque
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 | Negotiable credit instrument. |
A. Control credit
B. Stop credit
C. Create credit
D. None of these
|
| 2 | Security is a powerful tool that ensure tthe repayment of: |
A. Deposit
B. Dept
C. Interest
D. None of the above
|
| 3 | The loan which is granted by by bank to account holder on temporary basis called |
A. Cash credit
B. Overdraft
C. Demand loan
D. None of the above
|
| 4 | Negotiable credit instruments does not includes. |
A. Cheque
B. ATM card
C. Draft
D. Promissory
|
| 5 | Who does accept the responsibility for repayment debt |
A. Guarantor
B. Personal security
C. Both a and b
D. None of the these
|
| 6 | The loan which can be demanded at any time are called |
A. Short term loans
B. Demand loans
C. Overdraft
D. All the above
|
| 7 | Alternation in cheque must be singed by. |
A. Payee
B. Debtor
C. Drawer
D. All of these
|
| 8 | If the bank refuses to pay the amount of cheque. |
A. Discounting
B. Crossing
C. Dishonoring
D. None of these
|
| 9 | Popular types of loan issued by the bank according to term are |
A. Two
B. Three
C. Four
D. Five
|
| 10 | Cheque is a credit instrument. |
A. Partial negotiable
B. Negotiable
C. Non negotiable
D. None of these
|
Test Questions