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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Which of the following banks cannot open its new branch without the permission of central bank
Choose an answer
Non-scheduled bank
Scheduled bank
Chartered bank
All of the above
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Question # 2
The types of local or home trade are.
Choose an answer
Regail trade
Wholescale trade
Interport
Both a and b
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Question # 3
Person having an account with a bank or having some similar relation with the bank is called
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Owner
Debtor
Consumer
Customer
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Question # 4
Which of the following terms is used regarding the confirmation of death of bank customer
Choose an answer
Stopped account
Cancelled account
Deceased account
Closed account
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Question # 5
When was ADBP established
Choose an answer
1957
1961
1963
1965
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Question # 6
Which of the following is a valid method of receiving payment from debtors.
Choose an answer
Debit card
Credit card
ATM card
Cash
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Question # 7
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 # 8
The Governor of SBP is oppointed for.
Choose an answer
Five years
Four years
Three years
Two years
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Question # 9
Essentials of successfl banking.
Choose an answer
Large capital
Secured loans
Inflation
Both of these
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Question # 10
Bill of exchange is written order whihc is always.
Choose an answer
Unconditional
conditional
Compulsory
None ofthese
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Question # 11
Letter of credit is opened by.
Choose an answer
Importer 's bank
Exporter's bank
Wholse seller
None of these
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Question # 12
Bill brokers and discount houses work in.
Choose an answer
Open market
Capital market
Money Market
None of these
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Question # 13
A cheque which can be cashed by its holder
Choose an answer
Bearer
Order
Crossed
Plain
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Question # 14
Running Finance is also known as.
Choose an answer
Saving Account
Current Account
Overdraft
Fixed Account
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Question # 15
Which of the following is used to finance the people who want to travel abroad
Choose an answer
Traveller's letter of credit
Traveller's cheque
Circular note
All the above
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Question # 16
The document which reveals the ownership of goods kept on port:
Choose an answer
Bill of lading
Dock warrant
Delivery order
Railway receipt
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