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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
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 # 2
For commercial banks deposits are.
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Assets
Liabilities
Income
Expense
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Question # 3
Which document does reveal the internal affairs of a bank
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Memorandum of bank
Articles of bank
Certificate of incorporation
Prospectus
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Question # 4
Money market is market of loans for.
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Long term
Short term
Medium term
None of these
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Question # 5
IDB was opened on
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Oct. 1973
Oct. 1975
Oct. 1977
None of these
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Question # 6
If there is no gurantee to honour the L.C. It is called.
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Documentary L.C.
Revolving L.C.
Back to back L.C.
Unconfirmed L.C.
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Question # 7
The main sources of bank's fund are
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Own capital
Deposits
Loan from other banks
All the above
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Question # 8
Services provided by on line banking
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Depositing the money into the account
Withdrawal the money from bank
Transfer of money
All the above
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Question # 9
If the demand of any country's currency increases then rate of exchange becomes
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Favorable
Unfavorable
Both a and b
None of these
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Question # 10
What type of account is preferred by a businessman
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Saving account
Fixed deposits
Current account
Foreign currency account
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Question # 11
Teh value of security should be more than.
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Market value
Cost value
Amount of loan
None of these
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Question # 12
Negotiable credit instruments does not includes.
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Cheque
ATM card
Draft
Promissory
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Question # 13
If Central Bank wants to decreae the quantity of money in country it
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Sells Securities
Purchase Securities
Create Credit
All the above
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Question # 14
The word Bank has been derived from the German word
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Back
Bancus
Banco
None of the above
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Question # 15
Crossing which contains the name of a particular bank is called
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Regular crossing
Irregular crossing
General crossing
Special crossing
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Question # 16
A pass book is issued to:
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Current accountholder
Saving accountholder
Both A & B
None of the above
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