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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
The parties involved in a gurantee are.
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Debtor
Creditor
Guarantor
All these
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Question # 2
The Lady Phd.Governors of State Bank of Paksitan inclued.
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M. Yaqoob
Ishrat Hussain
Shamshad Akhtar
All of these
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Question # 3
Bill which is drawn without any trade transcation
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Sight bill
Time bill
Trade bill
Accommodation bill
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Question # 4
Person having an account with a bank or having some similar relation with the bank is called
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Owner
Debtor
Consumer
Customer
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Question # 5
The type of Foreign or international trade are.
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Import
Export
Interport
All these
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Question # 6
Commercial bank is factory of creating credit.
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Crowther
Gilbert
Reynold
H.I .Heart
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Question # 7
The document which reveals the ownership of goods kept on port:
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Bill of lading
Dock warrant
Delivery order
Railway receipt
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Question # 8
the nature of relations between banker and customers is.
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Bailer and Bailee
Agent and principal
Debtor and creditor
All the above
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Question # 9
Upper specie point is got by adding the delivery charges in following metal
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Silver
Gold
Iron
Copper
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Question # 10
Specialized credit institutions includes.
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BEL
NIT
ICP
All of these
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Question # 11
Negotiable instruments are defined by Act.
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1881
1857
1694
1935
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Question # 12
The external value of local currency is stablized through:
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Monetary policy
Increase in prices
Trade policy
All of the above
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Question # 13
The bills of exchange which is paid after the expiry of fixed period of time called
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Accommodation bill
Sight bill
Time bill
All of the above
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Question # 14
Polymer Currency includes
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Debit card
ATM card
Credit card
All of these
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Question # 15
Under which Section Scheduled Bank can open new branch.
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Section 38
Section 39
Section 40
Section 41
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Question # 16
For commercial banks deposits are.
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Assets
Liabilities
Income
Expense
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