More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Why does a bank grant loans to businessmen
Choose an answer
To purchase raw material
To pay wages
To pay development expenditures
All the above
Previous
Skip
Next
Question # 2
To meet the modern banking transactions Requirements SBP introduced.
Choose an answer
E- Banking
Islamic Banking
Office banking
All of these
Previous
Skip
Next
Question # 3
It is the duty of the bank to.
Choose an answer
Honor cheque
Keep secrecy
Safe custody
All these
Previous
Skip
Next
Question # 4
The Governor of SBP is oppointed for.
Choose an answer
Five years
Four years
Three years
Two years
Previous
Skip
Next
Question # 5
The types of local or home trade are.
Choose an answer
Regail trade
Wholescale trade
Interport
Both a and b
Previous
Skip
Next
Question # 6
The market where foreign moneys are bought and sold is.
Choose an answer
Stock market
Foreign exchang markets
Open market
None of these
Previous
Skip
Next
Question # 7
Principle of advancing loan by bank are.
Choose an answer
Principle of income
Principle of safety
Principal of liquidity
All the above
Previous
Skip
Next
Question # 8
Who can issue participation term certificates.
Choose an answer
Firm
Company
Cooperative society
All of these
Previous
Skip
Next
Question # 9
In L.C. the other name of exporter's bank is.
Choose an answer
Paying bank
Advising bank
Negotiating bank
All of these
Previous
Skip
Next
Question # 10
The bank that makes payment to the exporter after receiving L.C. is called.
Choose an answer
Advising bank
Informatory bank
Paying bank
All of these
Previous
Skip
Next
Question # 11
When was the process of Islamization of banking started in Pakistan
Choose an answer
1977
1980
1982
1982
Previous
Skip
Next
Question # 12
Crossing makes the cheque:
Choose an answer
Unsafe
Unacceptable
Safe
Acceptable
Previous
Skip
Next
Question # 13
E-Banking provides benefits to the following
Choose an answer
Accountholder
Banker
Economy
All the above
Previous
Skip
Next
Question # 14
The money sent through post office from one country to another
Choose an answer
Traveller's cheque
Bank draft
Letter of credit
International money order
Previous
Skip
Next
Question # 15
The transmission of following is stopped due to clearing house:
Choose an answer
Credit money
Metallic money
Cash money
All of the above
Previous
Skip
Next
Question # 16
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
Previous
Skip
Next
Back