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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
When was the process of Islamization of banking started in Pakistan
Choose an answer
1977
1980
1982
1982
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Question # 2
In case of non-negotiable instruments, the rights can:
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Be tranferred
Not be transferred
Be conditionally transferred
All of the above
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Question # 3
Which 0f the following is the objective of central bank.
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Economic Development
Helping govt.
Welfare of Economy
All the above
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Question # 4
the nature of relations between banker and customers is.
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Bailer and Bailee
Agent and principal
Debtor and creditor
All the above
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Question # 5
Bank is asked to take care the property of his clinet is called.
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Bailee
Pawnee
Mortagagee
Trustee
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Question # 6
The person in whose favour the rights of recieving the amount of cheque transferred:
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Endorser
Payee
Endorsee
All of the above
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Question # 7
What is the example of Scheduled bank
Choose an answer
Habib bank Ltd.
Allied bank Ltd. in Pakistan
Both a and b
None of these
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Question # 8
The numebr of parties in a cheque are.
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Two
Five
Four
Three
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Question # 9
First woman Governor of State Bank of Pakistan was.
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Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 10
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 # 11
A cheque which can be cashed by its holder
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Bearer
Order
Crossed
Plain
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Question # 12
the loans which cna be demanded back by bank at any time are called.
Choose an answer
Short term loans
Overdrats
Demand loans
Running Finance
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Question # 13
When the demand of any county's currency increses than the rate of exchange becomes.
Choose an answer
Unfavorable
Favorable
Equilibrium
None of these
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Question # 14
Banking companies ordinace is
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1962
1984
1932
1694
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Question # 15
Present commercial Banks are teh Developed form of the business of.
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Money Lenders
gold smiths
Money changers
Merchants
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Question # 16
The exchange of one country's currency for another foreign currency.
Choose an answer
Exchange Rate
Money change
Foreign exchange
None of these
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