Multiple Choice Question for Principles of Banking I Com Part 2 Test 1

Multiple Choice Question for Principles of Banking I Com Part 2 Test 1

1. Central Bank controls

 
 
 
 

2. Who choose the governor of central bank?

 
 
 
 

3. The loans which are issued for the period of one to five years called

 
 
 
 

4. The forms of cash reserve of commercial bank

 
 
 
 

5. Illiterate person provides to the bank for identity

 
 
 
 

6. Which of the following document is used to deposit money into bank?

 
 
 
 

7. Which bank was formed under the royal order?

 
 
 
 

8. The charge or price for the use of money is called

 
 
 
 

9. Clubs, Cooperative Societies and Associations etc, are entitled as following concern

 
 
 
 

10. Which of the following is an order of payment by one post office for another post office?

 
 
 
 

11. Central bank discounts the bills of

 
 
 
 

12. Important parties of cheque are

 
 
 
 

13. Islamic development bank provides finance to

 
 
 
 

14. Generally, the instrument or medium used in foreign receipts and payments is called

 
 
 
 

15. Central bank controls

 
 
 
 

16. Commercial bank is the economic advisor of

 
 
 
 

17. On which account bank does not pay interest

 
 
 
 

18. When were the Pakistani banks nationalized?

 
 
 
 

19. In Pakistan clearing house is

 
 
 
 

20. What is necessary to withdraw money through ATM?

 
 
 
 

21. Current account is opened normally by

 
 
 
 

22. Objective of State Bank is

 
 
 
 

23. Which one of the following in not the preference of State Bank of Pakistan

 
 
 
 

24. Basic objective of central bank is

 
 
 
 

25. National Bank of Pakistan was formed

 
 
 
 

26. Issues currency notes

 
 
 
 

27. Kinds of loan according to term are

 
 
 
 

28. Overdraft facility is available

 
 
 
 

29. Scheduled bank is registered in

 
 
 
 

30. State Band of Pakistan was formed in

 
 
 
 

31. Law for the registration of schedule banks

 
 
 
 

32. Important parties of bill of exchange are

 
 
 
 

33. Commercial Bank advises its customer on

 
 
 
 

34. Endorsement of a cheque is always

 
 
 
 

35. Minimum paid up capital of Non-Scheduled Bank

 
 
 
 

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