Question # 1

Capital market deals in

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Common stocks

Shares

Debentures

All of these

Centrak Bank Act as Lender of Last Resort to.

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Scheduled Bank

Foreign Bank

Non-Sheduled bank

All the above

What percentage of total assets a scheduled bank is bound to keep within the country

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60%

70%

80%

90%

The loan against which no security is kept by bank are.

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Secured loans

Unsecured loans

Demand loans

None of these

On issuance of bank draft bank gets.

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Tax

Commission

Profit

Duty

Important functions of a central bank:

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To issue currency notes

To provide banking facilities to government

To advise commercial banks

All of the above

United Bank Ltd. was formed on.

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1959

1949

1694

1957

In the presence of cleairng house the use of cash transactions between banks

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Increases

Decreases

Stops

NO effect

Cheque signed by drawer without filling is called

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Plain

Blank

Open

Traveller's cheque

Central bank bank supervises one of the following systems of a country:

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Provincial

Political

Economical and financial

None of the above

Transfer of money from one palce to another place with the help of post office.

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Cheque

Draft

Money order

None of these

Adjusting a debit balance against a credit balance by the bank is called.

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Balancing

Adjustment

Setting off

All these

Deposits create

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Inflation

Loan

Monopoly

All the above

When was the "Bank of Venice" established:

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1127

1147

1157

1187

Which is demanded by a bank at the time of opening new account

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Birth certificate

Source of income

Educational qualification

All of the above

Which of the following parties of a letter of credit is called beneficiary

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Importer

Exporter

Opening bank

Advising bank

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

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