12th class Principle of Banking chapter 8 online mcq test with answers for ICom part 2 Principle of Banking Chapter 8 (Bank Funds and their use)

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Security is a powerful tool that ensure tthe repayment of:	A. Deposit B. Dept C. Interest D. None of the above
2	What is meant by the principle of diversity regarding issuance of loan	A. Lending only to those who can repay the debt at short notice B. Lending against some material security C. Lending in terms of sure repayment D. Lending to different businesses or individuals
3	Long term loan is advanced against the following security:	A. Non-material B. Material C. Personal D. All of the above
4	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
5	Parties involved in a cheque.	A. A/c holder B. Bank C. Payee D. All of these
6	Crossing makes the cheque	A. Acceptable B. Dishonour C. Safe D. None of these
7	Which things can be accepted by bank as security at the time of granting loan	A. Gold and silver B. Property C. Shares and debentures of company D. All the above
8	Cheque is a credit instrument.	A. Partial negotiable B. Negotiable C. Non negotiable D. None of these
9	Which of the following is a highly marketable security	A. Document of title to goods B. Shares and debentures C. Immovable property D. All the above
10	What is called a good security	A. Whose price can be determined easily B. Which does not have any government restriction C. Whose ownership is totally clear D. All the above