Question # 1

How many products of E banking

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5

6

7

8

In the presence of cleairng house the use of cash transactions between banks

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Increases

Decreases

Stops

NO effect

Temples were used as early banks in.

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Italy

Room

Greece

Iraq

Central bank provides the following facility to scheduled banks:

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Feast

Godown

Clearing house

None of the above

If an old joint stock company opens the account then a bank demands for last few years:

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Balance sheet

Annual report

Both (a) & (b)

None of the above

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

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

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

PTC are issued in place of

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Shares

Debentures

Bonds

None of these

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

Which method of note issue is prevailing in Pakistan after 1965

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Min. Reserve System

Proportional system

Fixed Fiduciary system

None of the above

Main parties of promissory note are

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One

Two

Three

Four

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

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

What is the number of members in the managements body of PICIC

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12

21

5

7

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

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