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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
I Owe You is a written instrument drawn by
Choose an answer
Trader
Debtor
Creditor
All the above
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Question # 2
Crossing makes the cheque
Choose an answer
Acceptable
Dishonour
Safe
None of these
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Question # 3
Methods for making foreign payments includes.
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Letter of credit
Foreign bills of exchange
Foreing bank draft
All of these
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Question # 4
Which one is not the feature of good Banking system.
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Economic development
Inflation
Larger Capital
TYrust of public
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Question # 5
The person who draws the bill is called.
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Debtor
Drawee
Drawer
Acceptor
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Question # 6
Which of the following is a highly marketable security
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Document of title to goods
Shares and debentures
Immovable property
All the above
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Question # 7
Imperial Bank was established in:
Choose an answer
1921
1925
1932
1937
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Question # 8
When was the "Bank of Venice" established:
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1127
1147
1157
1187
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Question # 9
E-Banking provides benefits to the following
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Accountholder
Banker
Economy
All the above
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Question # 10
How many benefits of customers
Choose an answer
5
6
7
8
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Question # 11
Deposits create
Choose an answer
Inflation
Loan
Monopoly
All the above
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Question # 12
Commercial bank is called:
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Banker's bank
Bank of public
Custodian of foreign exchange
Banker to the Government
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Question # 13
Difference between hypothecation and pledge is.
Choose an answer
Possession of goods
Ownership
Possession of documents
None of these
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Question # 14
Bank is asked to take care the property of his clinet is called.
Choose an answer
Bailee
Pawnee
Mortagagee
Trustee
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Question # 15
To make payments of variable amounts to a stated A/c
Choose an answer
Direct Debit
Standing order
Inter bank transfer
Clearing House system
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Question # 16
The main content sof bank draft.
Choose an answer
bank branch
Payee
Date
All of these
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