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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Quality of good security includes.
Choose an answer
Easy salable
Disputed
Source of expense
All these
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Question # 2
The draft which is drawn and paid in two different countries.
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Inland draft
Ordered draft
Foreign draft
Home draft
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Question # 3
Can open new branch without the consent of Centrla Branch.
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Scheduled Bank
State Bank of Pakistan
Non -Scheduled Bank
Bank of England
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Question # 4
The person who endorse the bill of exchange in called.
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Endorser
Trustee
Enddorser
Drawee
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Question # 5
Which bank was formed under the royal order
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Bank of Venice
State Bank of Pakistan
Bank of Barsolona
Chartered bank of England
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Question # 6
Which bank is called the mother or central banks
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Reserve bank of India
Bank of England
State Bank of Pakistan
Bank of Venice
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Question # 7
Negoitable credit instruemnts includes
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Bank darft
Postal order
I.O.U
Money order
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Question # 8
When bank provides finance to its customer under an agreement of Modaraba, the customer becomes
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Consumer
Zarib
Aamal
None of the above
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Question # 9
The main uses of bank funds are.
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Cash reserve
Granting loan
Issuing shares
None of these
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Question # 10
Money Lenders usually known as.
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Sheikh
Nawab
Seth
Debtors
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Question # 11
Central Bank provide the facility to Scheduled Banks.
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Rediscounting Bills
Clearing House
Transfer of Money
All the above
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Question # 12
What is the nature of credit instrument IOU
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An autograph
A monograph
A holograph
A sonograph
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Question # 13
Deposits create
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Inflation
Loan
Monopoly
All the above
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Question # 14
Which bank does accept the deposits from public
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Commercial bank
Central bank
Foreign exchange bank
All the above
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Question # 15
Bank draft is an order
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Of court
Conditional
Unconditional
Of government
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