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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
While deposting money in your a/c you must use.
Choose an answer
Pay in slip
Deposit slip
Credit voucher
All of these
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Question # 2
Which is teh secondary function of commercial bank.
Choose an answer
Accepting deposits
Advancing loans
Collection of cheques
All of these
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Question # 3
On which account a bank does not pay interest
Choose an answer
Saving account
Fixed deposits
Current account
All of the above
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Question # 4
Non geogibale credit instruemnt are.
Choose an answer
Letter of credit
I.O.U
Money order
All of these
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Question # 5
For its customers a commercial bank sells and buys:
Choose an answer
Foreign exchange
Property
Securities
All of the above
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Question # 6
Treasury bill means:
Choose an answer
Amount of government
Evidence of governments debt
Promise of government to pay
None of the above
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Question # 7
If the bank refuses to pay the amount of cheque.
Choose an answer
Discounting
Crossing
Dishonoring
None of these
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Question # 8
What is the objective of clearing house
Choose an answer
To control credit money
To clear the transactions of different banks
Training of banking staff
Re-discounting of bills
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Question # 9
What is the number of members in the management body of ZTBL
Choose an answer
5
8
10
12
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Question # 10
An increase in the reseve requirement causes.
Choose an answer
More credit Creation
Less Credit Creation
Stop credit creation
None of these
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Question # 11
Which method is used for the formation of bank
Choose an answer
Royal order
Special ordinance
Company's ordinance
All of the above
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Question # 12
Qualitative methods of monetary policy donot include.
Choose an answer
Bank rate policy
Direct Actions
Publicity
Moral persuasion
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Question # 13
To make regular payments of a fixed amount to a stated A/c
Choose an answer
Direct Debit
Standing order
Inter bank transfer
All of these
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Question # 14
Habib Bank Limited was formed on.
Choose an answer
1941
1931
1951
1961
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Question # 15
The supply of foreign exchange arises when.
Choose an answer
Goods are exported
Students comes of country
Sale of Foreign securities
All of these
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Question # 16
Short term monetary assets are also called as.
Choose an answer
Marketbale debt securities.
Near money
Short term monetary assets
All these
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