Question # 1

Termination of banker relatinship by the customer due to.

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Change of place

Death of customer

Poor services

All of these

Which document a joint stock company has to provide at the time of opening account with bank

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Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

Loan Create

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Monopoly

Inflation

Deposits

All the above

Modern commercial Bank are teh developed form of the Busniess of.

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Gold Smith

Merchants

Money Lenders

All these

Running finance means customer has balance at bank.

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Debit Balance

Credit Balance

Favorable balance

None of these

Which bank does discount the bills of public

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Commercial bank

Agricultural bank

Industrial bank

All of the above

Qarz-Hasna is available for the studies of

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Engineering

Agriculture

Commerce

All the above

Popular types of loan issued by the bank according to term are

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Two

Three

Four

Five

Pledge means loan given against

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Immovable property

Movable property

Botha a and b

None of these

When a person deposits money in a bank, it is the beginning of

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Bank and customer business

Bank and customer relationship

Lending and borrowing between bank and customer

Relation of confidence and trust

Features of I.O.U. are

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Written form

Evidence of debt

Fixed amount

All of these

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

No minimum balance limit requried in.

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Current Account

Saving Account

Foreign Account

B.B.A Account

Who can issue participation term certificates.

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Firm

Company

Cooperative society

All of these

PICIC was established as

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Private company

Limited company

Partnership

None of the above

For more credit creation a bank must have.

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More demand deposits

More fixed deposits

More time deposited

All of these

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

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