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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Feature of postal order
Choose an answer
Serial no
value
Commission
All of these
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Question # 2
Scheduled bank is bound to keep with the Country.
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80% of Total Assets
60% of Total Assets
40% Total Assets
20% Total Assets
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Question # 3
Two transverse parallel lines on the face of cheque.
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Crossingof cheque
Dishnoring of cheque
Endorsed of cheque
Retirementof cheque
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Question # 4
Because of high reserve ratio the credit creation power.
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Constant
Increases
Decreases
Zero
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Question # 5
Difference between hypothecation and pledge is.
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Possession of goods
Ownership
Possession of documents
None of these
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Question # 6
The other name of credit woucher is.
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Credit note
Cash credit
pay in slip
Debit note
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Question # 7
The demand for foreign exchange comes when.
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Purchases of foreign securites
Students go abroad
Goods are imported
All of these
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Question # 8
The purpose of credit card is.
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Sell goods
Control credit
Purchase goods
None of these
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Question # 9
The document acquire to convert non -scheduled into scheduled bank
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Prospectus
Debentures
By laws copy
Audited Annual Report
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Question # 10
The Islamic ideology council presents its formal report for Islamic banking in
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June, 1978
June, 1979
June, 1980
None of these
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Question # 11
The charge or price for the use of money is called
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Profit
Commission
Interest
Dividend
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Question # 12
When was the "Reserve Bank of India" established:
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1925
1935
1940
1945
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Question # 13
To make payments of variable amounts to a stated A/c
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Direct Debit
Standing order
Inter bank transfer
Clearing House system
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Question # 14
Three grace days are given to debtors for payment.
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Bill of exchange
Promissory note
Bank draft
All of these
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Question # 15
How many products of E banking
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5
6
7
8
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Question # 16
For commercial baks deposits are.
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Assets
Liabilities
Income
Expense
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