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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Pledge means loan given against
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Immovable property
Movable property
Botha a and b
None of these
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Question # 2
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
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Question # 3
bank is the developed form of
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The business of moneylenders
The business of merchants
The business of goldsmiths
None of the above
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Question # 4
Two transverse parallel lines on the face of cheque.
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Crossingof cheque
Dishnoring of cheque
Endorsed of cheque
Retirementof cheque
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Question # 5
Central Bank provide the facility to Scheduled Banks.
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Rediscounting Bills
Clearing House
Transfer of Money
All the above
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Question # 6
Bank draft is always in the form of.
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Hand written
Printed
Stamp paper
None of these
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Question # 7
Which of the folloiwng is a valid method of receivig payment from debtors.
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Debit card
Credit card
ATM card
Cash
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Question # 8
The first central bank of indo-Pak
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Bank of Calcutta
Imperial bank
Reserve bank of India
None of the above
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Question # 9
Which method is used for the formation of bank
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Royal order
Special ordinance
Company's ordinance
All of the above
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Question # 10
Which things can be accepted by bank as security at the time of granting loan
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Gold and silver
Property
Shares and debentures of company
All the above
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Question # 11
Money Lenders usually known as.
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Sheikh
Nawab
Seth
Debtors
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Question # 12
Postal order is the example of.
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Negotible credit instrument
Cash instruent
Non negotiable credit instrument
None of these
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Question # 13
The supply of foreign exchange arises when.
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Goods are exported
Students comes of country
Sale of Foreign securities
All of these
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Question # 14
The types of credit instrument are.
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Four
Two
three
None of these
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Question # 15
Which institution is not the member of money market
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Commercial bank
Discount houses
HBFC
All the above
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Question # 16
When a person deposits money in a bank, it is the beginning of
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Bank and customer business
Bank and customer relationship
Lending and borrowing between bank and customer
Relation of confidence and trust
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