Question # 1

Documents of title to goods includes.

Choose an answer

Dock warrant

Bill of lading

Delivery order

All the above

Which document does reveal the internal affairs of a bank

Choose an answer

Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

Important source of income for Bank.

Choose an answer

Deposits

Current Account

Saving account

Issued loans

Which is appointed by govt. to certify the negotiable instrument:

Choose an answer

Private attorney

Public attorney

Notary public

Giazetted Officer

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

Choose an answer

Consumer

Zarib

Aamal

None of the above

Which Fiqah does allow the deduction of Zakat in the application form of account opening

Choose an answer

Hindu

Shia

Sunni

None of the above

Which bank does discount the bills of public

Choose an answer

Commercial bank

Agricultural bank

Industrial bank

All of the above

The loans obtained for meeting the administrative expenses and purchase of raw material are:

Choose an answer

Short term loans

Medium Term lonas

Long Term lonas

All of the above

Treasury bill means:

Choose an answer

Amount of government

Evidence of governments debt

Promise of government to pay

None of the above

IDB provides finance to

Choose an answer

All countries

Asian countries

Europian countries

Member Muslim Countries

Which one of the following is not the preference of state bank of Pakistan

Choose an answer

Expansion in banking system

Control over the supply of money

Equal distribution of credit

To earn maximum profit

The relation ship between Cash Reserve and credit creation is.

Choose an answer

No relationship

Direct

Inverse

One way

Choose the correct institutions in money market in Pakistan

Choose an answer

State bank of Pakistan

Specialized credit institutions

Commercial banks

All of the above

Endorsee of cheque is a person

Choose an answer

Who receives the amount of cheque

In whose favour the rights of cheque are transferred

On whom the cheque is drawn

Who draws a cheque

The detail in the memorandum of bank is recorded :

Choose an answer

In one paragraph

In seperate paragraphs

On one page

All of the above

The person is whose favor thebill is endorsed is.

Choose an answer

Endorsee

Endorser

Debtor

Acceptor

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium 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

Choose an answer