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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Market for medium and long term loans.
Choose an answer
Capital market
Money market
Open market
None of these
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Question # 2
In L.C. the other name of exporter's bank is.
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Paying bank
Advising bank
Negotiating bank
All of these
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Question # 3
The loans which are issued for the period of one to five year called
Choose an answer
Demand loans
Short term loans
Medium term loans
Long term loans
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Question # 4
Commercial bank can be regarded by nature as
Choose an answer
Depository bank
Central bank
Investment bank
None of the above
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Question # 5
Ribs Bank of Sweden became central bank in:
Choose an answer
1568
1668
1768
None of the above
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Question # 6
Participation term certificates are issued in place of.
Choose an answer
Shares
Debentures
NIT Units
All these
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Question # 7
A mechanism by which international indebtedness is settle dbetween one country and another.
Choose an answer
Indebtedness
Foreign Debts
Foreign exchange
All these
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Question # 8
Bills of exchange is
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An order to pay
A request to pay
A promise to pay
All of the above
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Question # 9
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
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Question # 10
Riba is the word of following language
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Urdu
Arabic
English
French
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Question # 11
Which of the following theories is associated with the working of international gold standard
Choose an answer
Mint par parity theory
Purchasing power theory
Balance of payments theory
All of the above
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Question # 12
The services provided by online banking includes.
Choose an answer
Depositing money
Transfer money
With draw money
All of these
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Question # 13
What is the example of non scheduled bank
Choose an answer
Sindh provincial cooperative bank
Meezan bank
Habib bank
Allied bank
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Question # 14
Parties involved in postal order
Choose an answer
Two
Three
Four
Five
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Question # 15
The loan which can be demanded by bank at anytime:
Choose an answer
Overdraft
Demand loans
Bills of exchange
All of the above
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Question # 16
Cheque is a written order drawn on
Choose an answer
Endorsee
Bank
Customer
All of the above
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