Question # 1

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

PICIC was established as

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Private company

Limited company

Partnership

None of the above

Who was the founder of commercial bank

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Goldsmiths

Merchants

Money lenders

All the above

Who does accept the responsibility for repayment debt

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Guarantor

Personal security

Both a and b

None of the these

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

What is written on the leaf of a cheque about customer

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Name

Address

Telephone number

Account number

The cheque which cannot be cashed on the bank counter.

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Bearer cheque

Crossed cheque

Order cheque

Both bearer and order

At Present the Governor of State Bank of Pakistan is.

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Dr. Ishrat Hussain

Saleem Raza

Shahid Hafiz Kardar

Shahid Mahmood Wathra

Qualitative methods of monetary policy do not include:

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Direct actions

Publicity

Bank rate policy

Moral pursuation

Who used to tak gold and precfious metal as safe custody.

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Merchants

Kings

Money Lenders

Gold Smiths

Alternation in cheque must be singed by.

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Payee

Debtor

Drawer

All of these

Services provided by on line banking

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Depositing the money into the account

Withdrawal the money from bank

Transfer of money

All the above

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

State Bank of Pakistan Act is

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1932

1962

1984

1997

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

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

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