12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 8 (Bank Funds and their use)

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ICOM Part 2 English Medium Principles of Banking Chapter 8 MCQ's Test

Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test

Try the Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test.

  • Total Questions15

  • Time Allowed20

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Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test

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Question # 1

Cheque consists of future date is called.

Question # 2

What is called a good security

Question # 3

In case of mortage, the property remains in the possession of:

Question # 4

Bank prefers to advance loan on such documents

Question # 5

What is meant by the principle of diversity regarding issuance of loan

Question # 6

The word credit has been derived from a latin word.

Question # 7

Main uses of bank funds are

Question # 8

The numebr of parties in a cheque are.

Question # 9

Parties involved in a cheque.

Question # 10

Security is a powerful tool that ensure the repayment of:

Question # 11

Bank should advance loans to those people who are strong

Question # 12

The loan which is granted by by bank to account holder on temporary basis called

Question # 13

Which things can be accepted by bank as security at the time of granting loan

Question # 14

What is meant by hypothecation

Question # 15

Cheque is a credit instrument.

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