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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Which type of a bill can be discounted form bank.
Choose an answer
Sight bill
Time bill
Dishonored bill
Unaccepted bill
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Question # 2
Bank draft is an order
Choose an answer
Of court
Conditional
Unconditional
Of government
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Question # 3
Can open new branch without the consent of Centrla Branch.
Choose an answer
Scheduled Bank
State Bank of Pakistan
Non -Scheduled Bank
Bank of England
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Question # 4
Who does get the benefit of opening an account in bank.
Choose an answer
Bank
Account Holder
Government
All these
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Question # 5
The relation ship between Cash Reserve and credit creation is.
Choose an answer
No relationship
Direct
Inverse
One way
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Question # 6
In how many days would a schque between banks clear through the clearing system.
Choose an answer
7 days
3 days
10 days
5 days
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Question # 7
For customer Money deposited int Bank is.
Choose an answer
Liability
Asset
Saving and Asset
Expense
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Question # 8
How many merits of scheduled bank
Choose an answer
12
13
14
15
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Question # 9
When was the "Bank of England" got the monopoly ovwe note issue:
Choose an answer
1728
1758
1768
1778
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Question # 10
Commercial bank is factory of creating credit.
Choose an answer
Crowther
Gilbert
Reynold
H.I .Heart
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Question # 11
Specialized credit institutions includes.
Choose an answer
BEL
NIT
ICP
All of these
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Question # 12
The money market deals in.
Choose an answer
promissory note
Bill of exchange
Treasury billss
All of these
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Question # 13
First woman Governor of State Bank of Pakistan was.
Choose an answer
Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 14
Current account is suitable for
Choose an answer
Capitalists
Salaried persons
Business community
None of the above
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Question # 15
Non -Scheduled bank menas a bank which is not registred with.
Choose an answer
Stock Exchange
World Bank
Central Bank
Scheduled bank
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Question # 16
Which of the following changes cause to change in foreign exchange rate
Choose an answer
Change in export and imports
Change in capital flow
Change in bank rate
All the above
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