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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Treasury bill is a :
Choose an answer
Negotiable credit instrument
Non-negotiable credit instrument
Debentures
Shares
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Question # 2
The amount of money in the amount of account holder is called:
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Profit
Interest
Deposit
Loan
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Question # 3
The relation ship between Cash Reserve and credit creation is.
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No relationship
Direct
Inverse
One way
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Question # 4
First woman Governor of State Bank of Pakistan was.
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Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 5
The person who is committed to manager the property of other.
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Trustee
Bailee
Morggagee
None of these
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Question # 6
How many advantages of e banking
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3
4
5
6
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Question # 7
Who used to tak gold and precfious metal as safe custody.
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Merchants
Kings
Money Lenders
Gold Smiths
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Question # 8
Investiment trusts and finance houses.
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As open market
Money market
Capital market
None of these
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Question # 9
Negotiable credit instruments does not includes.
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Cheque
ATM card
Draft
Promissory
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Question # 10
Account Suitable for business woman
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Current Account
Saving account
Fixed deposited account
All these
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Question # 11
When the State Bank of Pakistan came into existence
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1947
1948
1949
1970
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Question # 12
Promissory note means a:
Choose an answer
Promise to pay fixed amount on fixed date
Promise to pay currency notes on fixed date
Promise to pay goods on fixed date
All of the above
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Question # 13
The example of non commercial letter of credit.
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Red clause L.C.
Green clause LC.
Traveler's L.C.
Documentary L.C.
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Question # 14
Payee has no give his identification to bank for receiving the amount of:
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Bearer cheque
Order cheque
Blank cheque
Crossedcheque
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Question # 15
The cheque which cannot be cashed on the bank counter.
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Bearer cheque
Crossed cheque
Order cheque
Both bearer and order
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Question # 16
A person in whose favour the rights of bill are transferred is called
Choose an answer
Drawer
Payee
Endorsee
All of the above
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