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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
Which things can be accepted by bank as security at the time of granting loan
Question # 2
What is called a good security
Question # 3
What is meant by hypothecation
Question # 4
The person in who's favor a cheque is endorsed is called.
Question # 5
Bank should advance loans to those people who are strong
Question # 6
The commercial banks provide the following type of loan by discounting the B/E:
Question # 7
The loans which are issued for the period of one to five year called
Question # 8
In case of mortage, the property remains in the possession of:
Question # 9
The document which reveals the ownership of goods kept on port:
Question # 10
Cheque is always payable on.
Question # 11
Crossing makes the cheque
Question # 12
Security is a powerful tool that ensure the repayment of:
Question # 13
The goods or items accepted as security for advancing loan should not be:
Question # 14
Parties involved in a cheque.
Question # 15
Cheque is a credit instrument.
ICOM Part 2 English Medium Principles of Banking Chapter 8 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test" MCQ`s Test
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H HASEEB Ali 02 - Mar - 2024 00 Min 05 Sec 15/15 -
U Ummayy Kalsoom 17 - Apr - 2022 01 Min 10 Sec 15/15 -
K KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 15 Sec 15/15 -
H Hassan Abid 22 - Jun - 2022 01 Min 41 Sec 15/15 -
A Adeel 16 - Jul - 2021 10 Min 50 Sec 15/15 -
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M Mustafa Naeem 25 - May - 2023 02 Min 42 Sec 14/15 -
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T Teiyr 11 - Nov - 2025 03 Min 27 Sec 14/15 -
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B bilal 29 - Aug - 2021 03 Min 02 Sec 12/15
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 | 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
|
| 3 | Popular types of loan issued by the bank according to term are |
A. Two
B. Three
C. Four
D. Five
|
| 4 | Long term loan is advanced against the following security: |
A. Non-material
B. Material
C. Personal
D. All of the above
|
| 5 | The main sources of bank's fund are |
A. Own capital
B. Deposits
C. Loan from other banks
D. All the above
|
| 6 | The numebr of parties in a cheque are. |
A. Two
B. Five
C. Four
D. Three
|
| 7 | 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
|
| 8 | Crossing makes the cheque |
A. Acceptable
B. Dishonour
C. Safe
D. None of these
|
| 9 | If the bank refuses to pay the amount of cheque. |
A. Discounting
B. Crossing
C. Dishonoring
D. None of these
|
| 10 | The cheque which cannot be cashed on the bank counter. |
A. Bearer cheque
B. Crossed cheque
C. Order cheque
D. Both bearer and order
|
Test Questions
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