Question # 1

Which term is used in connection with monetary policy

Choose an answer

Bank rate

Exchange rate

Wage rate

Market rate

Which affairs of Banks are revealed by articles of Banks.

Choose an answer

Internal

External

Political

Financial

Which of the following is useful in facilitating trade relation between the businessmen of different countries

Choose an answer

Bank draft

Money order

Letter of credit

Stock certificate

How many benefits of economy

Choose an answer

2

3

4

5

Non-scheduled bank can

Choose an answer

Deal in foreign exchange

Attain the of public confidence

Open new branch without permission

All the above

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Choose an answer

5%

10%

30%

100%

The various kind of bank draft includes.

Choose an answer

Inland draft

Crossed bank draft

Foreign draft

All of these

A bill which can be rediscounted from central bank

Choose an answer

Sight bill

Time bill

Both a and b

None of these

Participation term certificates are issued in place of.

Choose an answer

Shares

Debentures

NIT Units

All these

The main characteristics of bank draft.

Choose an answer

Written

On demand

Certain payment

All of these

Which one is the primary function of a bank

Choose an answer

Accepting deposits

Advancing loans

Both these

None of these

Which function does a central bank not perform

Choose an answer

Credit creation

Advancing loans

Lender of last resort

Banker of the public

The loan against which no security is kept by bank are.

Choose an answer

Secured loans

Unsecured loans

Demand loans

None of these

In case of mortage, the property remains in the possession of:

Choose an answer

Lender (creditors)

Borrower (debtors)

The government

All of the above

When was the National Bank Of Pkaistan established:

Choose an answer

1948

1949

1950

1951

The other name of cash credit is.

Choose an answer

Overdraft

Cash finance

Runnign finance

None of these

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