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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
Long term is advanced against the following security:
Question # 2
In case of mortage, the property remains in the possession of:
Question # 3
If the bank refuses to pay the amount of cheque.
Question # 4
The main sources of bank's fund are
Question # 5
Security is a powerful tool that ensure the repayment of:
Question # 6
The word credit has been derived from a latin word.
Question # 7
The types of credit instrument are.
Question # 8
Negotiable credit instruments does not includes.
Question # 9
The commercial banks provide the following type of loan by discounting the B/E:
Question # 10
What is meant by the principle of diversity regarding issuance of loan
Question # 11
Why does a bank grant loans to businessmen
Question # 12
Bank prefers to advance loan on such documents
Question # 13
What is called a good security
Question # 14
Cheque consists of future date is called.
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 instruments does not includes. |
A. Cheque
B. ATM card
C. Draft
D. Promissory
|
| 2 | The numebr of parties in a cheque are. |
A. Two
B. Five
C. Four
D. Three
|
| 3 | On every cheque bank gets. |
A. Tax
B. Profit
C. Duty
D. Commission
|
| 4 | Account payee only in the transverse parallel line. |
A. Bearer cheque
B. Special crossing
C. General crossing
D. None of these
|
| 5 | Alternation in cheque must be singed by. |
A. Payee
B. Debtor
C. Drawer
D. All of these
|
| 6 | Long term loan period is consisted of: |
A. Days
B. Months
C. Years
D. All of the above
|
| 7 | The types of credit instrument are. |
A. Four
B. Two
C. three
D. None of these
|
| 8 | 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
|
| 9 | Long term loan is advanced against the following security: |
A. Non-material
B. Material
C. Personal
D. All of the above
|
| 10 | 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
|
Test Questions
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