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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Capital market does not deal in.
Choose an answer
Debentures
Treasury bills
Bonds
Shares
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Question # 2
Ribs Bank of Sweden became central bank in:
Choose an answer
1568
1668
1768
None of the above
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Question # 3
The payment of draft is made on.
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Sight
Demand
By psot
Phone call
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Question # 4
The central bank works under the rules framed by:
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Government
People
Different banks
All of the above
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Question # 5
Why commercial banks keep a certain amount of money as reserve
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Meeting the requirements of customers
Meeting the requirements of central bank
Acquiring the satisfaction of having cash
Expanding the banking business
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Question # 6
Bills of exchange has three:
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Owners
Parties
Shareholders
None of the above
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Question # 7
Capital market does not deal in
Choose an answer
Shares
Treasury bills
Debentures
Bonds
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Question # 8
Crossing makes the cheque:
Choose an answer
Unsafe
Unacceptable
Safe
Acceptable
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Question # 9
If the exporter is not the receiver (beneficiary) of money then a letter of credit is called:
Choose an answer
Resolving
Back to Back
Transferable
None of the above
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Question # 10
Parties involved in postal order
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Two
Three
Four
Five
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Question # 11
Stock exchange marketin Pakistan.
Choose an answer
LSE
KSE
ISE
All of these
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Question # 12
The demand for foreign exchange comes when.
Choose an answer
Purchases of foreign securites
Students go abroad
Goods are imported
All of these
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Question # 13
Bank is asked to take care the property of his clinet is called.
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Bailee
Pawnee
Mortagagee
Trustee
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Question # 14
The first Pakitan Note es were issued in the denomination of.
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Rs. 5
Rs. 10
Rs.100
All of these
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Question # 15
Who can issue participation term certificates
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Firm
Company
Cooperative society
All the above
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Question # 16
Pakistan's central bank was established in:
Choose an answer
1947
1948
1949
1950
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