Principles of Banking I Com Part 2 MCQS
How many merits of credit card
10
8
9
7
The price of one country’s currency in term other country’s currency is called
None of these
Exchange rate
Foreign currency
Traveller’s L.C.
Pay-in-slip is a written evidence of:
Transferring money
All of the above
Depositing money
With draw money
The goods or items accepted as security for advancing loan should not be:
Durable
Insured
Liquid
Under burden
The nature of relation between bank and customers is:
Bailer and bailee
Agent and principal
All of them
Deptor and creditor
A bill which can be rediscounted from central bank
Both a and b
Sight bill
Time bill
None of these
PTC are issued in place of
Shares
None of these
Bonds
Debentures
Important functions of a central bank:
All of them
To advise commercial banks
To issue currency notes
To provide banking facilities to government
How many functions of money market
15
11
10
12
On which of the following amount of overcraft, bank receives interest:
Total
Fix
All of the above
Used
nr
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