Question # 1

What is called a good security

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Whose price can be determined easily

Which does not have any government restriction

Whose ownership is totally clear

All the above

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

Which of the followig is not an example of Plastic money.

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Debit card

ATM card

Credit card

Currency notes

Credit Card, ATM card and Debit Card are.

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Metallic money

Paper Money

Plastic Money

Bank Money

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

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12th

13th

14th

15th

The loan which is granted by by bank to account holder on temporary basis called

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Cash credit

Overdraft

Demand loan

None of the above

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

the precautions while advancing loan by bank are.

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Safety of loan

Durable security

Liquidity

All the above

In L.C. the other name of importer's bank is.

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Buyer bank

Opening bank

Issuing bank

All of these

In the presence of cleairng house the use of cash transactions between banks

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Increases

Decreases

Stops

NO effect

Negotiable instruments are defined by Act.

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1881

1857

1694

1935

What is the example of Scheduled bank

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Habib bank Ltd.

Allied bank Ltd. in Pakistan

Both a and b

None of these

List of Directors is required at the stage of.

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Registration

Incorporation

Promotion

Commencement

"EFT" stands for

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Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

the card which can be used to pay for goods purchased.

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ID card

Credit card

Chrage card

Gurantee card

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

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

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