Question # 1

The document which reveals the ownership of goods kept on port:

Choose an answer

Bill of lading

Dock warrant

Delivery order

Railway receipt

The person who draws the bill is called.

Choose an answer

Debtor

Drawee

Drawer

Acceptor

State Bank of Pakistan can also be called as.

Choose an answer

Central Bank

Reserve Bank

Monetary Authority

All the above

Scheduled Banks can keep his totl assets outsinde the country.

Choose an answer

80%

60%

40%

20%

Scheduled Banks are registred under state bank act.

Choose an answer

1956

1984

1962

1932

The detail in the memorandum of bank is recorded :

Choose an answer

In one paragraph

In seperate paragraphs

On one page

All of the above

Married women can open following account in bank:

Choose an answer

Saving account

Current account

Fixed amount

All of the above

Amount of crossed cheque is recieved:

Choose an answer

From bank's counter

Issueing new cheque

From bank's manager

None of the above

Major function of Central Bank is.

Choose an answer

Open account

Provide lockers

Issue currency notes

All of the above

Cheque consists of future date is called.

Choose an answer

Out date

Post dated

Anti dated

None of these

Bank is asked to take care the property of his clinet is called.

Choose an answer

Bailee

Pawnee

Mortagagee

Trustee

Who is the leader or supervisor of money market

Choose an answer

Government

Central bank

Commercial bank

Money lender

United Bank Ltd. was formed on.

Choose an answer

1959

1949

1694

1957

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

Choose an answer

Less cash reserve

Less margin rate

More cash reserve

None of the above

What is meant by hypothecation

Choose an answer

To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt

To hand over the documents of property by a customer until the repayment of debt

A type of security in which neither the ownership nor the possession passes to the bank

A receipt of loan which shows that money has been borrowed against an immovable property as a security

State Bank of Pakistan Amendment Act is.

Choose an answer

1932

1997

1962

1956

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