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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Payee has no give his identification to bank for receiving the amount of:
Choose an answer
Bearer cheque
Order cheque
Blank cheque
Crossedcheque
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Question # 2
A person who writes the bill is called
Choose an answer
Drawee
Drawer
Payee
Acceptor
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Question # 3
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Choose an answer
Rs. 05 million
Rs. 06 million
Rs. 10 Billion
Rs. 07 billion
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Question # 4
Which Fiqah does allow the deduction of Zakat in the application form of account opening
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Hindu
Shia
Sunni
None of the above
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Question # 5
A Modarba may by for
Choose an answer
Specific or multi purpose
Perpetual
Specific period
All the above
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Question # 6
List of Directors is required at the stage of.
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Registration
Incorporation
Promotion
Commencement
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Question # 7
The parties involved in a gurantee are.
Choose an answer
Debtor
Creditor
Guarantor
All these
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Question # 8
How many parties are involved in bank draft.
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Four
Three
Two
None of these
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Question # 9
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 # 10
Parties involved in I.O.U
Choose an answer
Three
Four
Two
Five
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Question # 11
IDB was opened on
Choose an answer
Oct. 1973
Oct. 1975
Oct. 1977
None of these
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Question # 12
Which of the following is meant for presenting a summary and balance of accounts of bank customers
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Bank statement
Balance sheet
Pass book
Prospectus
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Question # 13
Endorsment of a cheque is always:
Choose an answer
Written
Oral
Written and registered
All of the above
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Question # 14
The amount (capital) recieved by bank after issuing shares is called:
Choose an answer
Reserve capital
Paid up capital
Autherized capital
Issued capital
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Question # 15
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 # 16
The main sources of a bank funds are.
Choose an answer
Deposits
Bank own funds
Both a and b
None of these
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