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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
What is the number of members in the management body of ZTBL
Choose an answer
5
8
10
12
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Question # 2
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 # 3
Trade related Islamic modes of financing do not include
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Musharika
Mark up
Leasing
Hire-purchase
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Question # 4
A bill which can be rediscounted from central bank
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Sight bill
Time bill
Both a and b
None of these
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Question # 5
Bills of exchange is
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An order to pay
A request to pay
A promise to pay
All of the above
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Question # 6
Where are the stock certificates sold and bought
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At commercial bank
At central bank
At post office
At stock exchange
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Question # 7
ATM is used to withdraw money from the
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Branch of bank in which we have the account
Any branch of concerned bank
Other banks
All the above
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Question # 8
When a person deposits money in a bank, it is the beginning of
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Bank and customer business
Bank and customer relationship
Lending and borrowing between bank and customer
Relation of confidence and trust
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Question # 9
Exchange banks are commonly known as.
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Foreign bank
Central bank
Consortium Bank
None of these
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Question # 10
Drawer and Drawee belongs to two diffrent cities.
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Inland bill
Short bill
Long bill
Foreign bill
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Question # 11
The commercial banks may be:
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Scheduled
Non-scheduled
Foreign
All of the above
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Question # 12
Clubs, cooperative societies, and associations etc. are entitled as following concern
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Partnership
Non-trading
Trading
All the above
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Question # 13
IDB provides finance to
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All countries
Asian countries
Europian countries
Member Muslim Countries
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Question # 14
The document which reveals the ownership of goods kept on port.
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Bill of lading
Dock warrant
Railway recipt
Deliery order
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Question # 15
Central bank provides the following facility to scheduled banks:
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Feast
Godown
Clearing house
None of the above
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Question # 16
Part of cash of scheduled banks kept by centrla bank as per law is called.
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Specific reserves
Satutory reserves
Gneral Reserves
All the above
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Question # 17
The temples were used as banks in:
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Italy
Rome
China
Greece
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Question # 18
Which of the following banks cannot open its new branch without the permission of central bank
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Non-scheduled bank
Scheduled bank
Chartered bank
All of the above
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Question # 19
Which of the following banks accepts deposits and advances loans
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Cooperative bank
Mortgage bank
Commercial bank
Central bank
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Question # 20
American express Bank is an example of.
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School Bank
Exchange Bank
Consortium Bank
None of these
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Question # 21
Credit instrument drawn by one bank on another bank is called
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Cheque
Bills of exchange
Bank draft
Treasury bill
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Question # 22
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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