Question # 1

I Owe You is a written instrument drawn by

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Trader

Debtor

Creditor

All the above

Crossing makes the cheque

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Acceptable

Dishonour

Safe

None of these

Methods for making foreign payments includes.

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Letter of credit

Foreign bills of exchange

Foreing bank draft

All of these

Which one is not the feature of good Banking system.

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Economic development

Inflation

Larger Capital

TYrust of public

The person who draws the bill is called.

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Debtor

Drawee

Drawer

Acceptor

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

Imperial Bank was established in:

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1921

1925

1932

1937

When was the "Bank of Venice" established:

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1127

1147

1157

1187

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

How many benefits of customers

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5

6

7

8

Deposits create

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Inflation

Loan

Monopoly

All the above

Commercial bank is called:

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Banker's bank

Bank of public

Custodian of foreign exchange

Banker to the Government

Difference between hypothecation and pledge is.

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Possession of goods

Ownership

Possession of documents

None of these

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

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Bailee

Pawnee

Mortagagee

Trustee

To make payments of variable amounts to a stated A/c

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Direct Debit

Standing order

Inter bank transfer

Clearing House system

The main content sof bank draft.

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bank branch

Payee

Date

All of these

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Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers

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