Question # 1

Which one can be crossed :

Choose an answer

Money order

Postal order

Credit card

All of the above

Which method is mostly used in making foreign payment

Choose an answer

Foreign bills of exchange

By post

By telegraph

None of these

A trustee is the:

Choose an answer

Owner of property

Care taker of property

Mortgagee of property

None of the above

Commercial bank advises its customers on

Choose an answer

Household matters

Financial matters

Political matters

All the above

The supply of foreign exchange arises when.

Choose an answer

Goods are exported

Students comes of country

Sale of Foreign securities

All of these

Decrease in the value of home currency as compare to foreign currency.

Choose an answer

Inflation

Devalution

Deflation

All these

The goods or items accepted as security for advancing loan should not be:

Choose an answer

Durable

Insured

Under burden

Liquid

In Case of Fixed Deposit the rate of intrest is.

Choose an answer

Constant

High

Low

None of these

Non geogibale credit instruemnt are.

Choose an answer

Letter of credit

I.O.U

Money order

All of these

Foreign exchange control reduces the

Choose an answer

Circulation of capital

Export of capital

Import of capital

None of the above

The important types of banker's letter of credit:

Choose an answer

Two

Three

Four

None of these

A form of written agreement between bank and customer is

Choose an answer

Cheque book

Pass book

Application form for opening account

None of the above

Credit Card, ATM card and Debit Card are.

Choose an answer

Metallic money

Paper Money

Plastic Money

Bank Money

When was the "Reserve Bank of India" established:

Choose an answer

1925

1935

1940

1945

Customer can withdraw money only after the expiry of fixed time

Choose an answer

From saving account

From current account

From fixed deposit

From all the above

What is the purpose of monetary policy

Choose an answer

To control banking system

To control supply of money

To control foreign exchange

To control stock market

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