Question # 1

How many minimum promoters are required to sign on an application for the registration of commercial bank

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Two

Five

Seven

Ten

Non -Scheduled banks are formed under.

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Sole trader ship

Firm

Joint Stock Co.

Co-operative society Act

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

For selling shares Bank issues

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Tickets

Prospectus

Certificate

Tokens

ZTBL issues the loans for:

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Fishing and forest

Breading of cattles

Diary farming

All of the above

Honoured cheuqe is a cheque which is

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Accepted by drawee for payment

Accepted by payee

Accepted by endorsee

All of the above

In L.C. the other name of importer's bank is.

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Buyer bank

Opening bank

Issuing bank

All of these

Quality of good security includes.

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Easy salable

Disputed

Source of expense

All these

The Weapons of Monetary policy are.

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Two

Three

Four

Five

United Bank Ltd. was formed on.

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1959

1949

1694

1957

The document by which the people are invited to buy the shares of bank is called

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

Loan Create

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Monopoly

Inflation

Deposits

All the above

Bills of exchange is a written order which is always

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Conditional

Unconditional

Partially conditional

All of the above

Negotiable credit instrument do not include.

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Bank draft

Cheque

Postal orders

Treasury bill

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

On every cheque bank gets.

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Tax

Profit

Duty

Commission

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

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