Principles of Banking I Com Part 2 MCQS
The external value of local currency is stablized through:
Monetary policy
Increase in prices
Trade policy
All of the above
Who does accept the responsibility for repayment debt
Both a and b
Guarantor
Personal security
None of the these
Stock certificate is a document issued by
Limited companies
Central bank
Stock-market
Commercial bank
The name of the person is written on cheque as:
Drawer
None of these
Drawee
Payee
Bank should advance loans to those people who are strong
Domestically
Financially
Politically
All the above
The document which reveals the ownership of goods kept on port:
Delivery order
Dock warrant
Bill of lading
Railway receipt
The banks under special ordinance are formed:
By the president of world bank
By the president of any bank
All of the above
By the president of a country
Qarz-Hasna is available for the studies of
Agriculture
All of them
Engineering
Commerce
Long term is advanced against the following security:
Personal
Non-material
All of the above
Material
The head office of IDB is in
Jeddah
Tehran
Dubai
Islamabad
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