Bank Funds & Advances | MCQs of Banking & Finance in English

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For the first time in Urdu, MCQs of Banking & Finance

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Bank Funds & Advances, MCQs of Banking & Finance in English

Banking & Finance

Bank fFunds and Advances | Banking & Finance is an interesting subject and MCQs are the base to pass the exam. Here are the MCQs of this chapter. 

Bank Funds & Advances

These are the sources of bank funds:

Capital	Deposits
Borrowings	All

To maintain liquidity, bank funds should be used in:

Call loans	Treasury Bills
Listed shares	All

Short term loans include:            

Call loans	One year loans
Both	None

Discounting of bill is:

Short term loan	Mid-term loan
Long term loan	All

Banks lend in form of:

Over draft	Cash credit
Call loans	all

This is bank’s investment:

Lending	Accepting cheque
Accepting deposits	All

Bank borrows from:

Central bank	Public
Account holders	All

Two-name paper loans have:

One surety	Two sureties
One creditor	Two creditors

I.O.U stands for:

I owe you	I own you
I order you	I offer you

These are short term financial transactions:

Treasury Notes	Treasury Bills
Treasury Bonds	All

Which of them is/are source of bank funds?

Discounting of bill	Issuing of letter of credit
Advances to A/C holders	None

This is the sign of a sound business:

Working capital	Authorized capital
Registered capital	Paid-up capital

Eurodollars are

American Currency	European Union Currency
Bank deposits abroad	All

I.O.U is:

One name paper	Two name paper
Three name paper	None

Insurance policy being used as security should be:

Of high premium	Near maturity
First mortgage	Second mortgage

Before lending, bank should check applicant’s:

Authorized capital	Subscribed capital
Called-up capital	Paid-up capital

Liability of a borrower depends on

Capital	Size of business
Profit of business	Good will

These are heads of using of bank funds:

Profitable use	Non profitable use
Both	None

These are kinds of securities:

Mortgage	Pawn
Pledge	All

                                   

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