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Online Tests
Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Draft Drawn and paid in two differnet countries is called.
Choose an answer
Foreign draft
Demand draft
Local draft
None of these
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Question # 2
the card which can be used to pay for goods purchased.
Choose an answer
ID card
Credit card
Chrage card
Gurantee card
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Question # 3
The first central bank of indo-Pak
Choose an answer
Bank of Calcutta
Imperial bank
Reserve bank of India
None of the above
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Question # 4
Scheduled bank is registered under state bank of Pakistan Act
Choose an answer
1965
1956
1950
None of the above
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Question # 5
Muslims commercial Bank was established on.
Choose an answer
1947
1948
1951
1949
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Question # 6
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
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Question # 7
In an organized money market the interest rate is.
Choose an answer
Less
More
Uniform
All these
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Question # 8
How many advantages of e banking
Choose an answer
3
4
5
6
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Question # 9
Parties involved in I.O.U
Choose an answer
Three
Four
Two
Five
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Question # 10
Sate Bank of Pakistan advises the federal and provincial governments on following matter
Choose an answer
Administrative
Financial
Political
All the above
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Question # 11
Which of the following is a valid method of receiving payment from debtors.
Choose an answer
Debit card
Credit card
ATM card
Cash
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Question # 12
Which of the following theories is associated with the working of international gold standard
Choose an answer
Mint par parity theory
Purchasing power theory
Balance of payments theory
All of the above
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Question # 13
The slip which is used to deposit money into bank account.
Choose an answer
Deposit slip
Pay in slip
Credit voucher
All these
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Question # 14
In moderan Banking introductory reference is not required in.
Choose an answer
Current account
Saving Account
B.B.A. Account
All these
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Question # 15
The document which reveals the ownership of goods kept on port.
Choose an answer
Bill of lading
Dock warrant
Railway recipt
Deliery order
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Question # 16
Bank draft is issued by the bank when the debtor and creditor belngs to.
Choose an answer
To differnet citiies/Country
With in same city
Two different families
All these
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