More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
Long term is advanced against the following security:
Choose an answer
Non-material
Material
Personal
All of the above
Previous
Skip
Next
Question # 2
Account payee only in the transverse parallel line.
Choose an answer
Bearer cheque
Special crossing
General crossing
None of these
Previous
Skip
Next
Question # 3
Security is a powerful tool that ensure tthe repayment of:
Choose an answer
Deposit
Dept
Interest
None of the above
Previous
Skip
Next
Question # 4
If the bank refuses to pay the amount of cheque.
Choose an answer
Discounting
Crossing
Dishonoring
None of these
Previous
Skip
Next
Question # 5
The types of credit instrument are.
Choose an answer
Four
Two
three
None of these
Previous
Skip
Next
Question # 6
Negotiable credit instruments does not includes.
Choose an answer
Cheque
ATM card
Draft
Promissory
Previous
Skip
Next
Question # 7
Crossing makes the cheque
Choose an answer
Acceptable
Dishonour
Safe
None of these
Previous
Skip
Next
Question # 8
The goods or items accepted as security for advancing loan should not be:
Choose an answer
Durable
Insured
Under burden
Liquid
Previous
Skip
Next
Question # 9
Main uses of bank funds are
Choose an answer
Advancing loans
Direct investment
Both a and b
None of these
Previous
Skip
Next
Question # 10
Long term loan is advanced against the following security:
Choose an answer
Non-material
Material
Personal
All of the above
Previous
Skip
Next
Question # 11
Negotiable instruments are defined by Act.
Choose an answer
1881
1857
1694
1935
Previous
Skip
Next
Question # 12
The loan which is granted by by bank to account holder on temporary basis called
Choose an answer
Cash credit
Overdraft
Demand loan
None of the above
Previous
Skip
Next
Question # 13
The numebr of parties in a cheque are.
Choose an answer
Two
Five
Four
Three
Previous
Skip
Next
Question # 14
The loans which are issued for the period of one to five year called
Choose an answer
Demand loans
Short term loans
Medium term loans
Long term loans
Previous
Skip
Next
Question # 15
The loan which can be demanded at any time are called
Choose an answer
Short term loans
Demand loans
Overdraft
All the above
Previous
Skip
Next
Back