Question # 1

Credit card payments are considered.

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Cash payments

Credit payments

Both these

None of these

Bank of England was established in.

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1494

1694

1920

1668

Which of the following institution was working before the establishment of ADBP

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Agricultural development finance corporation

Agricultural development bank

Both a and b

None of the above

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

The types of credit instrument are.

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Four

Two

three

None of these

the precautions while advancing loan by bank are.

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Safety of loan

Durable security

Liquidity

All the above

Term dishonoring of cheque is used when

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Bank refuses to pay

Bank stops the payments

Bank delay the payments

Bank gives cheque to clearing house

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

Which document is attached to the application for the registration of bank

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Memorandum of bank

Articles of bank

Prospectus

All the above

Pay-in-slip is a written evidence of:

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Transferring money

Depositing money

With draw money

All of the above

The bank that makes payment to the exporter after receiving L.C. is called.

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Advising bank

Informatory bank

Paying bank

All of these

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

Bank prefers to advance loan on such documents

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Which are easy to keep

Which are transferable

Whose price can be determined easily

All the above

Non -Scheduled bank menas a bank which is not registred with.

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Stock Exchange

World Bank

Central Bank

Scheduled bank

Bill in which drawer belonging to two different countries:

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Inland bill

Foreign bill

Accommodation bill

None of the above

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

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

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