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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
In financial crises, the central bank issues loan to
Choose an answer
Non-scheduled bank
Foreign bank
Scheduled bank
All the above
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Question # 2
The Governor of SBP is oppointed for.
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Five years
Four years
Three years
Two years
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Question # 3
Which of the following institution was working before the establishment of ADBP
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Agricultural development finance corporation
Agricultural development bank
Both a and b
None of the above
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Question # 4
Major function of Central Bank is.
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Open account
Provide lockers
Issue currency notes
All of the above
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Question # 5
Another name of fixed deposit receipt is.
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Term Deposit receipt
Capital receipt
Cash Deposit receipt
Revenue receipt
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Question # 6
Long term loan period is consisted of:
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Days
Months
Years
All of the above
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Question # 7
When ADFC came into existence
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1951
1961
1965
1970
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Question # 8
Which bank does keep the precious articles of public into its custody
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Central bank
Industrial bank
Commercial bank
None of these
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Question # 9
The cheque which cannot be cashed on the bank counter.
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Bearer cheque
Crossed cheque
Order cheque
Both bearer and order
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Question # 10
Cheque signed by drawer without filling is called
Choose an answer
Plain
Blank
Open
Traveller's cheque
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Question # 11
Central Bank is the Leader of.
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Capital Market
Money Market
Both a and b
Open market
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Question # 12
What is written on the leaf of a cheque about customer
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Name
Address
Telephone number
Account number
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Question # 13
Which of the following changes cause to change in foreign exchange rate
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Change in export and imports
Change in capital flow
Change in bank rate
All the above
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Question # 14
It is necessary for scheduled bank to
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Act on the instructions of central bank
Submit report to central bank
Get the books checked
Al the above
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Question # 15
The bank that makes payment to the exporter after receiving L.C. is called.
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Advising bank
Informatory bank
Paying bank
All of these
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Question # 16
The demand for foreign exchange comes when.
Choose an answer
Purchases of foreign securites
Students go abroad
Goods are imported
All of these
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