Principles of Banking I Com Part 2 MCQS Set 1

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Principles of Banking I Com Part 2 MCQS
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Which of the following institution was converted into IDBP:
Pakistan investment corporation
Pakistan industrial finance corporation
Pakistan industrial and credit investment corporation
Industrial bank

Which method or methods are prevailing in Pakistan for issuing notes
Both a and b
Fixed Fiduciary System
None of the these
Proportional Reserve System

The kind of loan according to issue
Cash credit
All of them
Discounting of bill
Mortgage loan

Money market is a market of loans for
Short term
Long term
Medium term
All the above

Ribs Bank of Sweden became central bank in:
None of the above

Clubs, cooperative societies, and associations etc. are entitled as following concern
All the above

Services provided by on line banking
Depositing the money into the account
All of them
Withdrawal the money from bank
Transfer of money

What percentage of total assets a scheduled bank is bound to keep within the country

Grace days are given to debtor for the patment of:
Treasury bill
Promissory note
Bills of exchange

What is the full form is ATM
Automated Teller Machine
None of these

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