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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
The Bank are called Scheduled Bank which are registered with the.
Choose an answer
Central Bank
world Bank
Bank of England
All the above
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Question # 2
Which of the followign cannot open account in a bank.
Choose an answer
Lunatic
Minor
Parda Nasheen woman
All of these
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Question # 3
Present commercial Banks are teh Developed form of the business of.
Choose an answer
Money Lenders
gold smiths
Money changers
Merchants
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Question # 4
Minor person of a bank is one who is below.
Choose an answer
15 years
16 years
18 years
17 years
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Question # 5
For customer Money deposited int Bank is.
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Liability
Asset
Saving and Asset
Expense
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Question # 6
The signature of the following is compulsory on B/E:
Choose an answer
Bank
Drawee
Drawer
Both (B) & (C)
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Question # 7
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Choose an answer
Less cash reserve
Less margin rate
More cash reserve
None of the above
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Question # 8
The Governor of SBP is oppointed for.
Choose an answer
Five years
Four years
Three years
Two years
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Question # 9
The charger of commercial Bank is.
Choose an answer
Momorandum
Articles
Prospectus
None of these
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Question # 10
Parties involvedin money order.
Choose an answer
Two
Three
Four
Five
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Question # 11
On every cheque bank gets.
Choose an answer
Tax
Profit
Duty
Commission
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Question # 12
Market for medium and long term loans.
Choose an answer
Capital market
Money market
Open market
None of these
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Question # 13
The main objectives of foreign exchange control are.
Choose an answer
Stablilize exchange rate
Increase Govt.Revenue
Protect domestic industires
All of these
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Question # 14
Participation term certificates are issued in place of.
Choose an answer
Shares
Debentures
NIT Units
All these
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Question # 15
Teh value of security should be more than.
Choose an answer
Market value
Cost value
Amount of loan
None of these
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Question # 16
Imperial Bank was established in:
Choose an answer
1921
1925
1932
1937
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