Question # 1

Which of the following terms is used regarding the confirmation of death of bank customer

Choose an answer

Stopped account

Cancelled account

Deceased account

Closed account

Commercial bank advises its customers on

Choose an answer

Household matters

Financial matters

Political matters

All the above

Money market is a market of loans for

Choose an answer

Short term

Medium term

Long term

All the above

The slip which is used to deposit money into bank account.

Choose an answer

Deposit slip

Pay in slip

Credit voucher

All these

On every cheque bank gets.

Choose an answer

Tax

Profit

Duty

Commission

The person in who's favor a cheque is endorsed is called.

Choose an answer

Endorser

Debtor

Endorsee

None of these

Drawer and payee of inland promissory note belong to

Choose an answer

Same country

Different countries

Different cities

None of the above

If the demand of any country's currency increases then rate of exchange becomes

Choose an answer

Favorable

Unfavorable

Both a and b

None of these

Bank of England was established in.

Choose an answer

1494

1694

1920

1668

For selling shares Bank issues

Choose an answer

Tickets

Prospectus

Certificate

Tokens

How many features of good money market

Choose an answer

12

15

17

20

A contractual relationship between bank and its customers.

Choose an answer

Debtor

Principal

Bailor

All of these

The person who will receive the amount of bill of exchange is.

Choose an answer

Debtor

Payee

Drawee

Acceptor

Bank is asked to take care the property of his clinet is called.

Choose an answer

Bailee

Pawnee

Mortagagee

Trustee

Central Bank is the Leader of.

Choose an answer

Capital Market

Money Market

Both a and b

Open market

The advantages of E-Banking are.

Choose an answer

Time saving

No need to carry cash

Facility of BACS

All of these

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer