Principles of Banking I Com Part 2 MCQS
The primary function of commercial bank are
Advancing loans
None of these
Accepting deposits
Both a and b
The word Bank has been derived from the German word
None of the above
Banco
Back
Bancus
Who can endorse the cheque:
Holder of cheque
Both A and B
None of these
Drawer of cheque
Riba is the word of following language
Urdu
Arabic
French
English
When ADFC came into existence
1970
1965
1951
1961
Which principle is followed by central bank to issue currency notes
Both principle
Currency principle
None of the above
Banking principle
Which bank is called the mother or central banks
Bank of Venice
Reserve bank of India
Bank of England
State Bank of Pakistan
Which things can be accepted by bank as security at the time of granting loan
Shares and debentures of company
All of them
Property
Gold and silver
Which bank does discount the bills of public
Commercial bank
Industrial bank
Agricultural bank
All of the above
When was the “Bank of England” got the monopoly ovwe note issue:
1778
1768
1758
1728
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