Question # 1

Example of Non scheduled is

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ABL

AL-Meezan Investment Bank

HBL

NBP

How many benefits of economy

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2

3

4

5

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

Commercial bank create money.

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Metallic

Credit

Paper

All these

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

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31th December 1965

23rd March 1940

Jan 1962

October 1948

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

Credit money in the country is controlled by

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Central bank

Commercial bank

Industrial bank

Agricultural bank

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

Who can issue participation term certificates.

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Firm

Company

Cooperative society

All of these

Qarz-Hasna is available for the studies of

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Engineering

Agriculture

Commerce

All the above

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

Example of marketble security are.

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Debentures

Shares

Postal order

Both a and b

When cheque is cashed then its main foil is given to:

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Bank

Customer

Government

None of these

Which of the following customers does not have more rights on bank:

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Individual customer

Joint customer

Minor customer

All have the same

Which document indicates the authority and limitation of bank

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Memorandum

Articles

Certificate of incorporation

Prospectus

A cheque which cannot be cashed at bank's counter

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Bearer

Order

Crossed

None of the above

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

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