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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
The main sources of a bank funds are.
Choose an answer
Deposits
Bank own funds
Both a and b
None of these
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Question # 2
Promissory note drawn by two or more persons is called
Choose an answer
Individual promissory note
Joint promissory note
Foreign promissory note
All of the above
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Question # 3
The loans on which high rate of interest is charged :
Choose an answer
Medium term loans
Long term loans
Short term loans
Demand loans
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Question # 4
Bank draft is an order
Choose an answer
Of court
Conditional
Unconditional
Of government
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Question # 5
The currency unit of the capital of IDB is
Choose an answer
Riyal
Dollar
Dinar
None of these
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Question # 6
Running finance means customer has balance at bank.
Choose an answer
Debit Balance
Credit Balance
Favorable balance
None of these
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Question # 7
Before opening account in bank, a married women is asked about her:
Choose an answer
Husband's name
Father's name
Mother's name
All of the above
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Question # 8
The following bank can open its branch in foreign country
Choose an answer
Scheduled bank
Non-scheduled bank
Both a and b
None of the these
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Question # 9
Person having an account with a bank or having some similar relation with the bank is called
Choose an answer
Owner
Debtor
Consumer
Customer
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Question # 10
The advantages of E-Banking are.
Choose an answer
Time saving
No need to carry cash
Facility of BACS
All of these
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Question # 11
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 # 12
The change in the address of abnk should be intimated to registar within:
Choose an answer
Eight days
Ten days
Eighteen days
Twenty eight days
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Question # 13
The person who is committed to manager the property of other.
Choose an answer
Trustee
Bailee
Morggagee
None of these
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Question # 14
While deposting money in your a/c you must use.
Choose an answer
Pay in slip
Deposit slip
Credit voucher
All of these
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Question # 15
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 # 16
When a person deposits money in a bank, it is the beginning of
Choose an answer
Bank and customer business
Bank and customer relationship
Lending and borrowing between bank and customer
Relation of confidence and trust
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