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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Honoured cheuqe is a cheque which is
Choose an answer
Accepted by drawee for payment
Accepted by payee
Accepted by endorsee
All of the above
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Question # 2
Which of the following Account willbe non -remuneratation account.
Choose an answer
Current account
Saving Account
Fixed Deposit account
B.B.A. Account
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Question # 3
Who is responsible for loan in case of joint customer:
Choose an answer
All partners of persons
Person having authority to deal with bank
Active partner
None of the above
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Question # 4
What is necessary to withdraw money through ATM
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I.D. card
Cheque
Pin code
None of these
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Question # 5
A person in whose favour the rights of bill are transferred is called
Choose an answer
Drawer
Payee
Endorsee
All of the above
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Question # 6
Main parties of promissory note are
Choose an answer
One
Two
Three
Four
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Question # 7
IOU is a document
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Negotiable
Non-negotiable
Conditional negotiable
Unconditional negotiable
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Question # 8
Deposits create
Choose an answer
Inflation
Loan
Monopoly
All the above
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Question # 9
What type of institution a bank is:
Choose an answer
Financial
Social
Religious
All of the above
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Question # 10
The person in who's favor a cheque is endorsed is called.
Choose an answer
Endorser
Debtor
Endorsee
None of these
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Question # 11
Which is demanded by a bank at the time of opening new account
Choose an answer
Birth certificate
Source of income
Educational qualification
All of the above
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Question # 12
Documents of title to goods includes.
Choose an answer
Dock warrant
Bill of lading
Delivery order
All the above
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Question # 13
Parties involved in I.O.U
Choose an answer
Three
Four
Two
Five
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Question # 14
Main uses of bank funds are
Choose an answer
Advancing loans
Direct investment
Both a and b
None of these
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Question # 15
Non-scheduled bank can
Choose an answer
Deal in foreign exchange
Attain the of public confidence
Open new branch without permission
All the above
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Question # 16
Account suitable for business woman.
Choose an answer
Current account
Saving account
Fixed deposite account
All these
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