More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Which of the following is an order of payment by one post office for another post office
Choose an answer
Postal order
Money order
Both a and b
None of these
Previous
Skip
Next
Question # 2
A cheque which can be cashed by its holder
Choose an answer
Bearer
Order
Crossed
Plain
Previous
Skip
Next
Question # 3
The banks under special ordinance are formed:
Choose an answer
By the president of any bank
By the president of world bank
By the president of a country
All of the above
Previous
Skip
Next
Question # 4
Whihc of the following is the most elastic method for issuing notes.
Choose an answer
Fix fiduciary system
Minium Reserve system
Proportional Reserve system
None of these
Previous
Skip
Next
Question # 5
Grace days are given to debtors for payment.
Choose an answer
3 days
4 days
5 days
6 days
Previous
Skip
Next
Question # 6
Commercial bank is factory of creating credit.
Choose an answer
Crowther
Gilbert
Reynold
H.I .Heart
Previous
Skip
Next
Question # 7
Bank of England was formed in:
Choose an answer
1594
1694
1794
1894
Previous
Skip
Next
Question # 8
The money sent through post office from one country to another
Choose an answer
Traveller's cheque
Bank draft
Letter of credit
International money order
Previous
Skip
Next
Question # 9
Bank pays money at its counter for:
Choose an answer
Bearer cheque
Order cheque
Both (A) & (B)
Crossed cheque
Previous
Skip
Next
Question # 10
Pakistan's central bank was established in:
Choose an answer
1947
1948
1949
1950
Previous
Skip
Next
Question # 11
The person who opens an account with the bank is called
Choose an answer
Employee of bank
Customer of bank
Account holder of bank
Owner of bank
Previous
Skip
Next
Question # 12
What are the objectives of monetary policy
Choose an answer
Stability in price
Exchange stability
Stability in capital market
All of the above
Previous
Skip
Next
Question # 13
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Choose an answer
Section 38
Section 33
Section 37
Section 40
Previous
Skip
Next
Question # 14
In financial crises, the central bank issues loan to
Choose an answer
Non-scheduled bank
Foreign bank
Scheduled bank
All the above
Previous
Skip
Next
Question # 15
State Bank of Pakistan Amendment Act is.
Choose an answer
1932
1997
1962
1956
Previous
Skip
Next
Question # 16
Which document a joint stock company has to provide at the time of opening account with bank
Choose an answer
Shares
Copy of bye-laws
Audited annual report of company
Certificate of incorporation
Previous
Skip
Next
Back