Question # 1

Where is the head office of IDBP:

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Lahore

Faisalabad

Islamabad

Karachi

Money market deals in

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Promissory note

Bills of exchange

Marketable securities

All the above

Which of the following is used to finance the people who want to travel abroad

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Traveller's letter of credit

Traveller's cheque

Circular note

All the above

At Present the Governor of State Bank of Pakistan is.

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Dr. Ishrat Hussain

Saleem Raza

Shahid Hafiz Kardar

Shahid Mahmood Wathra

Inland sight bill of exchange is usually used in.

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Domestic trade

Inter port trade

Foreign trade

None of these

Bills of exchange is a negotiable instrument which contains

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A written order

Conditional written order

Unconditional written order

None of the above

Which of the following takes responsibility to manage the property of another

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Trustee

Bailee

Mortgagee

All the above

The loans on which high rate of interest is charged :

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Medium term loans

Long term loans

Short term loans

Demand loans

When was PICIC established

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1950

1951

1957

1961

The money deposited in the bank is considered by a customer as

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Asset

Liability

Investment

Saving

Qualitative methods are control over.

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Currency

Govt

Banks

Public

No minimum balance limit requried in.

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Current Account

Saving Account

Foreign Account

B.B.A Account

Joint-stock company can open the following account in bank

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Fixed

Current

Saving

All the above

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

The kind of loan according to issue

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Cash credit

Discounting of bill

Mortgage loan

All of the above

Beginning of Bank draft by

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Kings

Money lenders

Merchants

gold smith

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

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