Question # 1

The head office of IDB is in

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Jeddah

Islamabad

Tehran

Dubai

When the demand of any county's currency increses than the rate of exchange becomes.

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Unfavorable

Favorable

Equilibrium

None of these

If credit money is controlled by the sale and purchase of government securities, it is called

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Direct action

Moral persuation

Change in reserve ration

Open market operation

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

Account payee only in the transverse parallel line.

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Bearer cheque

Special crossing

General crossing

None of these

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

Who does get the benefit of opening an account in bank:

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Bank

Account holder

Government

All of the above

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

What is the purpose of using credit card

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To purchases goods and services

To win the prized from banks

To travel abroad

To invest the saving

State Bank of Pakistan was established on.

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Tuesday Ist July 1948

Wednesday Is July 1948

Thursday Ist July 1948

Friday Ist July 1948

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

Which of the following is a limitation in credit creation

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Initial deposit

Use of cheques

Use of currency

All of these

The types of credit instrument are.

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Four

Two

three

None of these

Central bank bank supervises one of the following systems of a country:

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Provincial

Political

Economical and financial

None of the above

When was the "Bank of Venice" established:

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1127

1147

1157

1187

Amount with drawn from Bank without using cheque.

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ID Card

VISA card

ATM and Debit Card

Credit Card

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

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