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
1668
1568
1768

Clubs, cooperative societies, and associations etc. are entitled as following concern
All the above
Partnership
Non-trading
Trading

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
70%
80%
90%
60%

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

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

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