Question # 1

Bank draft is issued by the bank when the debtor and creditor belngs to.

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To differnet citiies/Country

With in same city

Two different families

All these

What is the name of central bank of Pakistan

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State Bank of Pakistan

National Bank of Pakistan

Bank of Pakistan

Habib Bank Limited

Which of the following is provided to customer for opening the profit and loss term deposit account

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Cheque bank

Pay-in-slip

Pass book

Fixed deposits receipt

When was ADBP established

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1957

1961

1963

1965

The first stage or step between importer and exporter for the purpose of sale and purchase is:

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Oath or undertaking

Agreement

Contract with bank

Issuing of L.C

Amount with drawn from Bank without using cheque.

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ID Card

VISA card

ATM and Debit Card

Credit Card

The market in which funds are borrowed of lent for a period of over one year.

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Money market

Capital market

Open market

None of these

Relation between banker and customer terminates, when a :

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Customer becomes mad or lunatic

Customer becomes insane or mental

Customer dies

All od the above

Pledge means loan given against

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Immovable property

Movable property

Botha a and b

None of these

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

Account suitable for salaried person.

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Fixed Deposit account

Current Account

Saving Account

Term Deposit Account

State Bank of Pakistan was established on.

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Tuesday Ist July 1948

Wednesday Is July 1948

Thursday Ist July 1948

Friday Ist July 1948

The name of the person is written on cheque as:

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Drawer

Drawee

Payee

None of these

Can open new branch without the consent of Centrla Branch.

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Scheduled Bank

State Bank of Pakistan

Non -Scheduled Bank

Bank of England

What type of institution a bank is:

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Financial

Social

Religious

All of the above

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

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Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers

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