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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Central Bank is the Leader of.
Choose an answer
Capital Market
Money Market
Both a and b
Open market
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Question # 2
If credit money is controlled by the sale and purchase of government securities, it is called
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Direct action
Moral persuation
Change in reserve ration
Open market operation
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Question # 3
Bank draft is a credit instrument.
Choose an answer
Negotiable
Non negotiable
Unreadable
None of these
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Question # 4
Non -Scheduled bank menas a bank which is not registred with.
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Stock Exchange
World Bank
Central Bank
Scheduled bank
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Question # 5
Which of the following gets facility due to commercial letter of credit:
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Home traders
Exporter
Importer
Both exporter and importer
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Question # 6
The person who pledges the goods with the banker as security is called.
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Pledgee
Mortagager
Pledger
Mortagagee
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Question # 7
The customer who keep his precious articles in bank for safe custody
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Bailer
Creditor
Debtor
Morgagagers
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Question # 8
Cheque signed by drawer without filling is called
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Plain
Blank
Open
Traveller's cheque
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Question # 9
Participation term certificate are issued by.
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Sole trader ship
Firm
Joint Stock Co.
Co-operative society
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Question # 10
For how many years the governor of State Bank of Pakistan is appointed:
Choose an answer
3 years
7 years
10 years
None of the above
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Question # 11
Bill of exchange doesn't involved trade dealing.
Choose an answer
Trade bill
Accommodation bill
Both a and b
None of these
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Question # 12
Negoitable credit instruemnts includes
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Bank darft
Postal order
I.O.U
Money order
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Question # 13
Bill in which drawer belonging to two different countries:
Choose an answer
Inland bill
Foreign bill
Accommodation bill
None of the above
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Question # 14
When was the National Bank Of Pkaistan established:
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1948
1949
1950
1951
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Question # 15
Endorser of promissory note is a :
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Person who promises to pay
Person who receives the amount of note
Person in whose favour the rights are transferred
Person who trasfers the rights of note
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Question # 16
Short term monetary assets are also called as.
Choose an answer
Marketbale debt securities.
Near money
Short term monetary assets
All these
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