Question # 1

A contractual relationship between bank and its customers.

Choose an answer

Debtor

Principal

Bailor

All of these

What kinds of business does a commercial bank do

Choose an answer

Accepts deposits and advances loans

Issues currency notes

Re-discounts the bills of exchange

All the above

Which is teh secondary function of commercial bank.

Choose an answer

Accepting deposits

Advancing loans

Collection of cheques

All of these

Loan Create

Choose an answer

Monopoly

Inflation

Deposits

All the above

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

Choose an answer

Consumer

Zarib

Aamal

None of the above

Riba is the word of following language

Choose an answer

Urdu

Arabic

English

French

Which instrument is not dealt at stock exchange

Choose an answer

Shares

Debentures

Both a and b

Bills of exchange

The amount of loan should be less than.

Choose an answer

Value of security

Market value

Face value

Hidden value

Commercial bank creates the following Money

Choose an answer

Metallic

Credit

Paper

All the above

List of Directors is required at the stage of.

Choose an answer

Registration

Incorporation

Promotion

Commencement

Scheduled bank keeps a certain amount of its deposits with central bank as

Choose an answer

Reserve capital

Bank rate

Subscribed capital

Authorized capital

All information of pass book is filled by.

Choose an answer

Bank offcials

Payee

Drawer

Account Holder

Why commercial banks keep a certain amount of money as reserve

Choose an answer

Meeting the requirements of customers

Meeting the requirements of central bank

Acquiring the satisfaction of having cash

Expanding the banking business

State Bank of Paksitan was established on

Choose an answer

1st July 1949

Ist July 1948

Ist July 1694

Ist July 1964

Stock exchange marketin Pakistan.

Choose an answer

LSE

KSE

ISE

All of these

Which bank does accept the deposits from public

Choose an answer

Commercial bank

Central bank

Foreign exchange bank

All the above

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