Showing posts with the label Banking McqsShow All

What are the major Functions of the Central Bank?

2/19/2022 10:15:00 pm

A. It will Create a Uniformity Amongst the Notes in Circulation B. The Govt Backing wi…

“Bank” has been originated from word?

2/17/2022 08:26:00 pm

(A) Banque (B) Bancus (C) Bankus (D) Both A and B

Who is considered as the father of modern banking?

2/17/2022 08:25:00 pm

(A) Susan Lee (B) Alexander Hamilton (C) Mike Hauge (D) None of these Detail of Mcqs: …

Bank carries the business of

2/17/2022 08:22:00 pm

(A) Give and Take (B) Interest (C) Money (D) None of these

What are the basic functions of a bank

2/17/2022 08:20:00 pm

(A) Lending to the people (B) Keeping the accounts of people (C) paying and issuing ch…

State bank of Pakistan was established in?

2/17/2022 08:16:00 pm

(A) 1947 (B) 1948  (C) 1949 (D) 1950 Detail of Mcqs: State bank of Pakistan was establ…

What does over draft mean:

2/17/2022 08:11:00 pm

(A) Depositing more amount with the bank (B) Writing a cheque of amount more than the …

Financial instrument which is issued by the bank on customer's behalf giving an order to pay a particular amount to a particular person in a same city.

2/17/2022 07:30:00 pm

(A) Bill of exchange (B) Cheque (C) Promissory note (D) Pay order

First women bank of Pakistan was established in:

2/17/2022 07:26:00 pm

(A) 1980 (B) 1984 (C) 1989 (D) 1993 Detail of Mcqs:   First women bank of Pakistan was…

____________is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the document has been issued.

2/17/2022 07:20:00 pm

(A) Bill of exchange (B) Cheque (C) Promissory note (D) Pay order

A notice of dishonour is served in case of:

2/17/2022 07:15:00 pm

(A) Bill of exchange (B) Cheque (C) Promissory note (D) Pay order

A financial instrument that contains a written promise by one party to pay another party is called?

2/17/2022 07:13:00 pm

(A) Bond payable (B) Promissory Note (C) Bill of exchange (D) Transfer of money

A written order, requiring one party to pay a fixed amount of money to a different party, on-demand or at a set date is called:

2/17/2022 07:11:00 pm

(A) Promissory note (B) Bill of exchange (C) Cheque (D) Pay order

Bank rates are determined by:

2/17/2022 07:07:00 pm

(A) The Federal Bank (B) The Central Bank (C) The Commercial Bank (D) All of these

The International Monetary Fund (IMF) was established in:

2/17/2022 07:06:00 pm

(A) 1942 (B) 1944 (C) 1946 (D) 1948

Mortgage banks provide loans to clients on:

2/17/2022 07:04:00 pm

(A) Moveable assets (B) Immovable assets (C) Ornaments (D) All of these

Banking is the business to make:

2/17/2022 07:02:00 pm

(A) Customer relation (B) Public relation (C) Profit (D) none of these

Which banking is not a business segment of industry:

2/17/2022 07:00:00 pm

(A) Retail banking (B) Wholesale banking (C) Wealth Management (D) Internet banking