Question # 1

Bank should advance loans to those people who are strong

Choose an answer

Financially

Domestically

Politically

All the above

Account payee only in the transverse parallel line.

Choose an answer

Bearer cheque

Special crossing

General crossing

None of these

Negotiable credit instruments does not includes.

Choose an answer

Cheque

ATM card

Draft

Promissory

Why does a bank grant loans to businessmen

Choose an answer

To purchase raw material

To pay wages

To pay development expenditures

All the above

Security is a powerful tool that ensure tthe repayment of:

Choose an answer

Deposit

Dept

Interest

None of the above

The main sources of bank's fund are

Choose an answer

Own capital

Deposits

Loan from other banks

All the above

If the bank refuses to pay the amount of cheque.

Choose an answer

Discounting

Crossing

Dishonoring

None of these

What is called a good security

Choose an answer

Whose price can be determined easily

Which does not have any government restriction

Whose ownership is totally clear

All the above

Who does accept the responsibility for repayment debt

Choose an answer

Guarantor

Personal security

Both a and b

None of the these

The numebr of parties in a cheque are.

Choose an answer

Two

Five

Four

Three

The document which reveals the ownership of goods kept on port:

Choose an answer

Bill of lading

Dock warrant

Delivery order

Railway receipt

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

The types of credit instrument are.

Choose an answer

Four

Two

three

None of these

Long term loan period is consisted of:

Choose an answer

Days

Months

Years

All of the above

Main uses of bank funds are

Choose an answer

Advancing loans

Direct investment

Both a and b

None of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer