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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
Credit money in the country is controlled by
Choose an answer
Central bank
Commercial bank
Industrial bank
Agricultural bank
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Question # 3
Who can issue participation term certificates.
Choose an answer
Firm
Company
Cooperative society
All of these
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Question # 4
At Present the Governor of State Bank of Pakistan is.
Choose an answer
Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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Question # 5
Pay Order is issued by the bank when the debtor and creditor belongs to.
Choose an answer
Two different cities
With in same city
Two different counties
All these
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Question # 6
Which of the following is not use to E-Banking .
Choose an answer
ATM card
Credit card
Cheque
Debit cards
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Question # 7
What is the number of members in the management body of ZTBL
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5
8
10
12
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Question # 8
When was ADBP established
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1957
1961
1963
1965
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Question # 9
If credit money is controlled by the sale and purchase of government securities, it is called
Choose an answer
Direct action
Moral persuation
Change in reserve ration
Open market operation
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Question # 10
The word L.C stand for.
Choose an answer
Long credit
Less credit
Letter of credit
None of these
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Question # 11
The method which is mostly use in making foreign payments are.
Choose an answer
Telegraphic transfer
Foreign bill of exchange
By post
All of these
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Question # 12
The draft whihc is drawn and paid intwo different countries.
Choose an answer
Inland draft
Ordered draft
Foreign draft
Home draft
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Question # 13
Which of the followig is not an example of Plastic money.
Choose an answer
Debit card
ATM card
Credit card
Currency notes
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Question # 14
The forms of cash reserve of commercial bank:
Choose an answer
Cash in hand
Reserve with central bank
Recievable from other banks
All of the above
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Question # 15
Which bank is called the mother or central banks
Choose an answer
Reserve bank of India
Bank of England
State Bank of Pakistan
Bank of Venice
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Question # 16
Which of the following is provided to customer for opening the profit and loss term deposit account
Choose an answer
Cheque bank
Pay-in-slip
Pass book
Fixed deposits receipt
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