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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Long term loan period is consisted of:
Choose an answer
Days
Months
Years
All of the above
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Question # 2
Capital market does not deal in
Choose an answer
Shares
Treasury bills
Debentures
Bonds
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Question # 3
Who can issue participation term certificates
Choose an answer
Firm
Company
Cooperative society
All the above
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Question # 4
How many products of E banking
Choose an answer
5
6
7
8
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Question # 5
Which form of automated payment would be better in paying wages to employee
Choose an answer
BACS
Standing order
Direct Debit
Credit transfer
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Question # 6
A form of written agreement between the customer and his bank is.
Choose an answer
Cheque book
Bank Statement
A/c opening form
Pass book
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Question # 7
What is the example of non scheduled bank
Choose an answer
Sindh provincial cooperative bank
Meezan bank
Habib bank
Allied bank
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Question # 8
Which function does a central bank not perform
Choose an answer
Credit creation
Advancing loans
Lender of last resort
Banker of the public
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Question # 9
Person gets finance from bank in terms of Mudarba Act as
Choose an answer
Mudarib
Creditor
Aamil
None of these
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Question # 10
Why does a bank grant loans to businessmen
Choose an answer
To purchase raw material
To pay wages
To pay development expenditures
All the above
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Question # 11
Manage the internal affairs of Bank.
Choose an answer
Prospectus
Memorandum
Articles
All of these
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Question # 12
The life blood of acomemrcial bank.
Choose an answer
Deposits
With drawals
Liabilities
All these
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Question # 13
If a credit card is lost, what should the holder do.
Choose an answer
Report to employer
Report to bank
Report to insurance co.
All the above
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Question # 14
In financial crises, the central bank issues loan to
Choose an answer
Non-scheduled bank
Foreign bank
Scheduled bank
All the above
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Question # 15
How many benefits of customers
Choose an answer
5
6
7
8
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Question # 16
Increase in ratio of cash reserve of scheduled banks.
Choose an answer
Increase of credit creation
Stop credit creation
Decreased in credit creation
None of these
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