More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
The person who endorse the bill of exchange in called.
Choose an answer
Endorser
Trustee
Enddorser
Drawee
Previous
Skip
Next
Question # 2
Cheque consists of future date is called.
Choose an answer
Out date
Post dated
Anti dated
None of these
Previous
Skip
Next
Question # 3
Pay Order is issued by the bank when the debtor and creditor belongs to.
Choose an answer
Two different cities
With in same city
Two different counties
All these
Previous
Skip
Next
Question # 4
Main uses of bank funds are
Choose an answer
Advancing loans
Direct investment
Both a and b
None of these
Previous
Skip
Next
Question # 5
Which of the followingis highly marketable security.
Choose an answer
Documents of title
Goods and produce
Shares and debentures
all the above
Previous
Skip
Next
Question # 6
Capital market does not deal in
Choose an answer
Shares
Treasury bills
Debentures
Bonds
Previous
Skip
Next
Question # 7
Which of the following industry is financed by PICIC
Choose an answer
Depends upon local raw material
Manufactures export goods
Establishes under national development program
All the above
Previous
Skip
Next
Question # 8
The draft having two transvers parallel lines on its face is called.
Choose an answer
Order bank draft
Crossed bank draft
Transvverse draft
All of these
Previous
Skip
Next
Question # 9
Another name of fixed deposit receipt is.
Choose an answer
Term Deposit receipt
Capital receipt
Cash Deposit receipt
Revenue receipt
Previous
Skip
Next
Question # 10
Quaid -e- Azam opened his bank account in.
Choose an answer
1940
1945
1957
1987
Previous
Skip
Next
Question # 11
Example of Non scheduled is
Choose an answer
ABL
AL-Meezan Investment Bank
HBL
NBP
Previous
Skip
Next
Question # 12
The money sent through post office from one country to another
Choose an answer
Traveller's cheque
Bank draft
Letter of credit
International money order
Previous
Skip
Next
Question # 13
the nature of relations between banker and customers is.
Choose an answer
Bailer and Bailee
Agent and principal
Debtor and creditor
All the above
Previous
Skip
Next
Question # 14
The current account nd saving account is also called
Choose an answer
Sight deposits
Chequing account
Demand deposits
All of these
Previous
Skip
Next
Question # 15
The primary objective of a central bank is to
Choose an answer
Earn profit
Advance loans to traders
Safeguard the national interest
All of the above
Previous
Skip
Next
Question # 16
Market for shor term loans.
Choose an answer
Money market
Capital market
Open market
All of these
Previous
Skip
Next
Back