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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
All information of pass book is filled by.
Choose an answer
Bank offcials
Payee
Drawer
Account Holder
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Question # 2
Bill in which drawer belonging to two different countries:
Choose an answer
Inland bill
Foreign bill
Accommodation bill
None of the above
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Question # 3
Which of the following is provided to customer for opening the profit and loss term deposit account
Choose an answer
Cheque bank
Pay-in-slip
Pass book
Fixed deposits receipt
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Question # 4
The examples of short term monetary assets includes.
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Bills of exchange
Promissory note
Treasurey bill
All of these
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Question # 5
In Pakistan the bank nationalized Act is.
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Act 1956
Act 1932
Act 1962
Act 1974
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Question # 6
Credit money in the country is controlled by
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Central bank
Commercial bank
Industrial bank
Agricultural bank
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Question # 7
Bank of England was established in.
Choose an answer
1494
1694
1920
1668
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Question # 8
Purchasing power theory of foreign exchange was presented in.
Choose an answer
1920
1962
1694
1881
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Question # 9
Crossing makes the cheque
Choose an answer
Acceptable
Dishonour
Safe
None of these
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Question # 10
How many minimum promoters are required to sign on an application for the registration of commercial bank
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Two
Five
Seven
Ten
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Question # 11
Which is the quantitative method of credit control
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Change in reserve ratio
Change in margin requirement
Selective control
Publicity
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Question # 12
Which letter of credit is issued for a single or particular transaction:
Choose an answer
Fixed
Revocable
Red clause
Green Clause
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Question # 13
When was the "Bank of Venice" established:
Choose an answer
1127
1147
1157
1187
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Question # 14
The important (basic) kinds of accounts opened in commercial banks are:
Choose an answer
Two
Three
Four
countless
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Question # 15
The merits of credit card.
Choose an answer
Easy payment
Proof of payment
Loan Facility
All of these
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Question # 16
The leader of money market in Pakistan.
Choose an answer
Central Bank
Government
Commercial Banks
None of these
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