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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
the nature of relations between banker and customers is.
Choose an answer
Bailer and Bailee
Agent and principal
Debtor and creditor
All the above
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Question # 2
Bills of exchange can be cashed from bank before maturity by:
Choose an answer
Overdraft
Renewal
Discounting
None of the above
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Question # 3
Nature of Bank Accounts also help in determining the ratio of.
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Cash Reserve
Capital
Partnership
None of these
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Question # 4
Crossing which contains the name of a particular bank is called
Choose an answer
Regular crossing
Irregular crossing
General crossing
Special crossing
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Question # 5
Treasury bill is a :
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Negotiable credit instrument
Non-negotiable credit instrument
Debentures
Shares
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Question # 6
On every cheque bank gets
Choose an answer
Profit
Commission
Tax
Duty
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Question # 7
Teh stock exchange markets in Pakistan are.
Choose an answer
Two
Three
Four
Five
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Question # 8
Documents of title to goods includes.
Choose an answer
Dock warrant
Bill of lading
Delivery order
All the above
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Question # 9
The acceptance of bill without some condition is called.
Choose an answer
Dishonor acceptance
Documentary acceptance
Qualified acceptance
General acceptance
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Question # 10
If an old joint stock company opens the account then a bank demands for last few years:
Choose an answer
Balance sheet
Annual report
Both (a) & (b)
None of the above
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Question # 11
The purpose of using credit card is.
Choose an answer
Purchase goods and services
Deposit cheque
Withdraw money
Deposit cash
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Question # 12
Parties involved in a cheque.
Choose an answer
A/c holder
Bank
Payee
All of these
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Question # 13
I Owe You is a written instrument drawn by
Choose an answer
Trader
Debtor
Creditor
All the above
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Question # 14
The person who is committed to manager the property of other.
Choose an answer
Trustee
Bailee
Morggagee
None of these
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Question # 15
How many benefits of economy
Choose an answer
2
3
4
5
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Question # 16
Which account is considered a nn transferable account.
Choose an answer
Saving Account
Current Account
B.B.A. Account
Term Deposit Account
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