Question # 1

Money market is a market of loans for

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Short term

Medium term

Long term

All the above

An increase in the reseve requirement causes.

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More credit Creation

Less Credit Creation

Stop credit creation

None of these

The draft having two transvers parallel lines on its face is called.

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Order bank draft

Crossed bank draft

Transvverse draft

All of these

Which of the following banks cannot open its new branch without the permission of central bank

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Non-scheduled bank

Scheduled bank

Chartered bank

All of the above

When goods are made available as security for a loan from bank.

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Hypothecation

Mortagage

None of these

Both a and b

Long term is advanced against the following security:

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Non-material

Material

Personal

All of the above

Decrease in the value of home currency as compare to foreign currency.

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Inflation

Devalution

Deflation

All these

The Weapons of Monetary policy are.

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Two

Three

Four

Five

Which 0f the following is the objective of central bank.

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Economic Development

Helping govt.

Welfare of Economy

All the above

What is the purpose of using credit card

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To purchases goods and services

To win the prized from banks

To travel abroad

To invest the saving

Example of consortium Bank.

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SBP

Orion Bank

MCB

NBP

The facilities provide d by ATM machine includes

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Mini Statement

Transfer funds

Balace inquiry

All of these

The Central Bank sells Govt. Securities in.

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Summer

Deflation

Winter

Inflation

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

What is meant by hypothecation

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To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt

To hand over the documents of property by a customer until the repayment of debt

A type of security in which neither the ownership nor the possession passes to the bank

A receipt of loan which shows that money has been borrowed against an immovable property as a security

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

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

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