Question # 1

The Bank are called Scheduled Bank which are registered with the.

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Central Bank

world Bank

Bank of England

All the above

Which of the followign cannot open account in a bank.

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Lunatic

Minor

Parda Nasheen woman

All of these

Present commercial Banks are teh Developed form of the business of.

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Money Lenders

gold smiths

Money changers

Merchants

Minor person of a bank is one who is below.

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15 years

16 years

18 years

17 years

For customer Money deposited int Bank is.

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Liability

Asset

Saving and Asset

Expense

The signature of the following is compulsory on B/E:

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Bank

Drawee

Drawer

Both (B) & (C)

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

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Less cash reserve

Less margin rate

More cash reserve

None of the above

The Governor of SBP is oppointed for.

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Five years

Four years

Three years

Two years

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

Parties involvedin money order.

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Two

Three

Four

Five

On every cheque bank gets.

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Tax

Profit

Duty

Commission

Market for medium and long term loans.

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Capital market

Money market

Open market

None of these

The main objectives of foreign exchange control are.

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Stablilize exchange rate

Increase Govt.Revenue

Protect domestic industires

All of these

Participation term certificates are issued in place of.

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Shares

Debentures

NIT Units

All these

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

Imperial Bank was established in:

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1921

1925

1932

1937

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Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers

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