Question # 1

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

To make regular payments of a fixed amount to a stated A/c

Choose an answer

Direct Debit

Standing order

Inter bank transfer

All of these

Payee has no give his identification to bank for receiving the amount of:

Choose an answer

Bearer cheque

Order cheque

Blank cheque

Crossedcheque

When a bank accepts real estate as security by way of mortgage then it is called

Choose an answer

Aamal

Zarib

Mortgager

Mortgagee

Habib Bank Limited was formed on.

Choose an answer

1941

1931

1951

1961

What is written on the leaf of a cheque about customer

Choose an answer

Name

Address

Telephone number

Account number

To make payments of variable amounts to a stated A/c

Choose an answer

Direct Debit

Standing order

Inter bank transfer

Clearing House system

ZTBL issues the loans for:

Choose an answer

Fishing and forest

Breading of cattles

Diary farming

All of the above

E-Banking provides benefits to the following

Choose an answer

Accountholder

Banker

Economy

All the above

In Pakistan the bank nationalized Act is.

Choose an answer

Act 1956

Act 1932

Act 1962

Act 1974

Which of the following is a valid method of receiving payment from debtors.

Choose an answer

Debit card

Credit card

ATM card

Cash

When were the Pakistani banks nationalized:

Choose an answer

1974

1984

1990

1994

Any Co.which transact the business of banking in Pakistan.

Choose an answer

Chartered co.

Joint stock co.

Banking co.

All of these

A commercial bank keeps less cash reserve if:

Choose an answer

Cheque is used in most of the transactions

Cheque house facilty is available

Rediscounting facility is available

All of the above

Central Bank provide the facility to Scheduled Banks.

Choose an answer

Rediscounting Bills

Clearing House

Transfer of Money

All the above

The bank that makes payment to the exporter after receiving L.C. is called.

Choose an answer

Advising bank

Informatory bank

Paying bank

All of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer