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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
The bank of charges interest on.
Choose an answer
Deposits
Overdraft
Running finace
Both b and c
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Question # 2
Person gets finance from bank in terms of Mudarba Act as
Choose an answer
Mudarib
Creditor
Aamil
None of these
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Question # 3
When was ADBP established
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1957
1961
1963
1965
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Question # 4
Which method is used for the formation of bank
Choose an answer
Royal order
Special ordinance
Company's ordinance
All of the above
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Question # 5
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
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Question # 6
The primary objective of a central bank is to
Choose an answer
Earn profit
Advance loans to traders
Safeguard the national interest
All of the above
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Question # 7
These thories of foreign exchange rate include.
Choose an answer
Mint par parity theory
Ppurchasing power theory.
Botha a and b
All of these
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Question # 8
Thenature 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 # 9
When the demand of any county's currency increses than the rate of exchange becomes.
Choose an answer
Unfavorable
Favorable
Equilibrium
None of these
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Question # 10
Which of the following industry is financed by PICIC
Choose an answer
Depends upon local raw material
Manufactures export goods
Establishes under national development program
All the above
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Question # 11
Stock certificate is a document issued by
Choose an answer
Commercial bank
Central bank
Limited companies
Stock-market
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Question # 12
IDB was opened on
Choose an answer
Oct. 1973
Oct. 1975
Oct. 1977
None of these
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Question # 13
The Governor of SBP is oppointed for.
Choose an answer
Five years
Four years
Three years
Two years
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Question # 14
It is the duty of a customer to.
Choose an answer
Follow banking hours
Safety of cheque book
Care ful filling of cheque
All these
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Question # 15
Quaid -e-Azam opened his bank account in.
Choose an answer
ABL
MCB
HBL
NBP
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Question # 16
Credit cards payment are considered.
Choose an answer
Credit payment
Cash Payment
Both a and b
None of these
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