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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Commercial bank advises its customers on
Choose an answer
Household matters
Financial matters
Political matters
All the above
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Question # 2
When the demand of any county's currency increses than the rate of exchange becomes.
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Unfavorable
Favorable
Equilibrium
None of these
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Question # 3
Begining of Bank draft by.
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Kings
Money Lenders
Merchants
Gold smith
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Question # 4
To meet the modern banking transactions Requirements SBP introduced.
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E- Banking
Islamic Banking
Office banking
All of these
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Question # 5
Bank is asked to take care the property of his clinet is called.
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Bailee
Pawnee
Mortagagee
Trustee
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Question # 6
All information of pass book is filled by.
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Bank offcials
Payee
Drawer
Account Holder
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Question # 7
What is the number of members in the managements body of PICIC
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12
21
5
7
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Question # 8
Which of the following is the valid method of making payment.
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Credit card
pay order
Bank Draft
All of these
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Question # 9
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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Question # 10
When was the "Bank of Venice" established:
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1127
1147
1157
1187
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Question # 11
It is the duty of a customer to.
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Follow banking hours
Safety of cheque book
Care ful filling of cheque
All these
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Question # 12
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 # 13
Qualitative methods of monetary policy donot include.
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Bank rate policy
Direct Actions
Publicity
Moral persuasion
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Question # 14
Endorsee of cheque is a person
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Who receives the amount of cheque
In whose favour the rights of cheque are transferred
On whom the cheque is drawn
Who draws a cheque
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Question # 15
The person who draws the bill is called.
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Debtor
Drawee
Drawer
Acceptor
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Question # 16
Maintenance of minimum balance is not required in
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Current account
Basic banking account
Saving account
None of these
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