Question # 1

Which one is not the feature of good Banking system.

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Economic development

Inflation

Larger Capital

TYrust of public

The principle of note issue are.

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Currency Principles

Banking Principles

Both a and b

None of these

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

Which method of note issue is prevailing in Pakistan after 1965

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Min. Reserve System

Proportional system

Fixed Fiduciary system

None of the above

The document by which the people are invited to buy the shares of bank is called

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

when customer deposit his money in bank he become.

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Debtor

Bailer

Mortageger

Creditor

Payment of sight bill is made on.

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Demad

Fixed period

Expiry

Presentation

Bill which is drawn without any trade transcation

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Sight bill

Time bill

Trade bill

Accommodation bill

The following bank can open its branch in foreign country

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Scheduled bank

Non-scheduled bank

Both a and b

None of the these

Which one can be crossed :

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Money order

Postal order

Credit card

All of the above

For commercial banks deposits are.

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Assets

Liabilities

Income

Expense

What is the number of members in the managements body of PICIC

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12

21

5

7

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

Draft drawn and pid in two different parties int he same country is called.

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Foreign draft

Demand draft

Local draft

None of these

Important source of income for Bank.

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Deposits

Current Account

Saving account

Issued loans

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

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