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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Qualitative methods of monetary policy do not include:
Choose an answer
Direct actions
Publicity
Bank rate policy
Moral pursuation
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Question # 2
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Choose an answer
Section 38
Section 33
Section 37
Section 40
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Question # 3
The main characteristics of bank draft.
Choose an answer
Written
On demand
Certain payment
All of these
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Question # 4
What is the full form is ATM
Choose an answer
Automated Teller Machine
Asynchronous
Transfer
Mode
Air
Traffic
Management
None of these
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Question # 5
Which of the followign cannot open account in a bank.
Choose an answer
Lunatic
Minor
Parda Nasheen woman
All of these
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Question # 6
The person who opens an account with the bank is called
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Employee of bank
Customer of bank
Account holder of bank
Owner of bank
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Question # 7
A person who writes the bill is called
Choose an answer
Drawee
Drawer
Payee
Acceptor
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Question # 8
The draft having two transvers parallel lines on its face is called.
Choose an answer
Order bank draft
Crossed bank draft
Transvverse draft
All of these
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Question # 9
Account example from Zakat and Tax
Choose an answer
B.B.A. Account
Current account
Foreign Currency Account
None of these
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Question # 10
Which of the following takes responsibility to manage the property of another
Choose an answer
Trustee
Bailee
Mortgagee
All the above
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Question # 11
Clubs, cooperative societies, and associations etc. are entitled as following concern
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Partnership
Non-trading
Trading
All the above
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Question # 12
Exchange banks are commonly known as.
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Foreign bank
Central bank
Consortium Bank
None of these
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Question # 13
Which is appointed by govt. to certify the negotiable instrument:
Choose an answer
Private attorney
Public attorney
Notary public
Giazetted Officer
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Question # 14
the nature of relations between banker and customers is.
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Bailer and Bailee
Agent and principal
Debtor and creditor
All the above
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Question # 15
In an organized money market the interest rate is.
Choose an answer
Less
More
Uniform
All these
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Question # 16
The amount (capital) recieved by bank after issuing shares is called:
Choose an answer
Reserve capital
Paid up capital
Autherized capital
Issued capital
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