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
Endorser of promissory note is a :
Choose an answer
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
Previous
Skip
Next
Question # 2
The departments of State Bank of Pakistan includes.
Choose an answer
Note issuing deptt
Bankng deptt
Foreign exchange deptt
All the above
Previous
Skip
Next
Question # 3
Popular types of loan issued by the bank according to term are
Choose an answer
Two
Three
Four
Five
Previous
Skip
Next
Question # 4
Bill of exchange doesn't involved trade dealing.
Choose an answer
Trade bill
Accommodation bill
Both a and b
None of these
Previous
Skip
Next
Question # 5
Which bank account is exempted from income tax and zakat:
Choose an answer
Saving account
Fixed deposit
Foreign currency account
All of the above
Previous
Skip
Next
Question # 6
It is the right of the bank to.
Choose an answer
Right to lien
Charge of services
Right of setting off
All these
Previous
Skip
Next
Question # 7
The central bank works under the rules framed by:
Choose an answer
Government
People
Different banks
All of the above
Previous
Skip
Next
Question # 8
The loans obtained for meeting the administrative expenses and purchase of raw material are:
Choose an answer
Short term loans
Medium Term lonas
Long Term lonas
All of the above
Previous
Skip
Next
Question # 9
Drawer and drawee belongs to same country.
Choose an answer
Domestic bill
Foregin bill
Trade bill
Accommodation bill
Previous
Skip
Next
Question # 10
In case of mortage, the property remains in the possession of:
Choose an answer
Lender (creditors)
Borrower (debtors)
The government
All of the above
Previous
Skip
Next
Question # 11
The commercial banks may be:
Choose an answer
Scheduled
Non-scheduled
Foreign
All of the above
Previous
Skip
Next
Question # 12
The transmission of following is stopped due to clearing house:
Choose an answer
Credit money
Metallic money
Cash money
All of the above
Previous
Skip
Next
Question # 13
Person having an account with a bank or having some similar relation with the bank is called
Choose an answer
Owner
Debtor
Consumer
Customer
Previous
Skip
Next
Question # 14
Major function of Central Bank is.
Choose an answer
Open account
Provide lockers
Issue currency notes
All of the above
Previous
Skip
Next
Question # 15
Which bank does discount the bills of public
Choose an answer
Commercial bank
Agricultural bank
Industrial bank
All of the above
Previous
Skip
Next
Question # 16
How many merits of debit card
Choose an answer
5
6
7
8
Previous
Skip
Next
Back