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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Which type of a bill can be discounted form bank.
Choose an answer
Sight bill
Time bill
Dishonored bill
Unaccepted bill
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Question # 2
How many merits of debit card
Choose an answer
5
6
7
8
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Question # 3
bank is the developed form of
Choose an answer
The business of moneylenders
The business of merchants
The business of goldsmiths
None of the above
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Question # 4
When was the "Bank of Venice" established:
Choose an answer
1127
1147
1157
1187
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Question # 5
State Bank of Pakistan Act is.
Choose an answer
1956
1932
1962
1984
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Question # 6
Commercial bank advises its customers on
Choose an answer
Household matters
Financial matters
Political matters
All the above
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Question # 7
Account Suitable for business woman
Choose an answer
Current Account
Saving account
Fixed deposited account
All these
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Question # 8
How many institutions in money market in Pakistan
Choose an answer
7
8
9
10
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Question # 9
Which of the following is not an objective of central bank.
Choose an answer
Economic development
Helping Govt
Walfare of economy
Credit creation
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Question # 10
Which account is called non operating account.
Choose an answer
Current account
Saving account
Fixed account
BBA account
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Question # 11
E-Banking provides benefits to the following
Choose an answer
Accountholder
Banker
Economy
All the above
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Question # 12
The loans which can be demanded back by bank at any time are.
Choose an answer
Short term loans
Medium Tem loans
Long term loans
Demand loans
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Question # 13
Account example from Zakat and Tax
Choose an answer
B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 14
What was the capital of State bank of Pakistan at the time of establishment
Choose an answer
30 millions
300 millions
30 billions
300 billions
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Question # 15
What is recieved by the post office on money order:
Choose an answer
Profit
Interest
Commision
All of the above
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Question # 16
List of Directors is required at the stage of.
Choose an answer
Registration
Incorporation
Promotion
Commencement
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