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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Account example from Zakat and Tax
Choose an answer
B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 2
Inland sight bill of exchange is usually used in.
Choose an answer
Domestic trade
Inter port trade
Foreign trade
None of these
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Question # 3
Which bank is called the mother or central banks
Choose an answer
Reserve bank of India
Bank of England
State Bank of Pakistan
Bank of Venice
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Question # 4
Normally bank does not pay intrest on
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Saving Account
Fixed Deposit Account
Current Account
B.B.A. Account
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Question # 5
Market for shor term loans.
Choose an answer
Money market
Capital market
Open market
All of these
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Question # 6
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 # 7
Which is appointed by govt. to certify the negotiable instrument:
Choose an answer
Private attorney
Public attorney
Notary public
Giazetted Officer
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Question # 8
The document by which the people are invited to buy the shares of bank is called
Choose an answer
Memorandum of bank
Articles of bank
Certificate of incorporation
Prospectus of bank
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Question # 9
A represntative handed over cheques to other banks are called.
Choose an answer
Outwaard clearing
Direct cheaning
Inward Clearing
Indirect Clearing
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Question # 10
Which of the following is not use to E-Banking .
Choose an answer
ATM card
Credit card
Cheque
Debit cards
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Question # 11
How many benefits of bankers
Choose an answer
4
5
6
7
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Question # 12
Account Suitable for business woman
Choose an answer
Current Account
Saving account
Fixed deposited account
All these
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Question # 13
Treasury bill means:
Choose an answer
Amount of government
Evidence of governments debt
Promise of government to pay
None of the above
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Question # 14
The types of local or home trade are.
Choose an answer
Regail trade
Wholescale trade
Interport
Both a and b
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Question # 15
Safest cheque for making payment is:
Choose an answer
Crossed cheque
Order cheque
Bearer cheque
All of the above
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Question # 16
Over draft facility is provided only on.
Choose an answer
Saving Account
Fixed Deposit Account
Current Account
All the above
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