2nd Year Principles of Banking 2nd Quarter Book Paper

Q1. Multiple choice questions (Attempt all · 12 × 1 = 12)

1. Amount can be withdrawn from fixed deposit account after:

   1. Every six months

   2. Every year

   3. Expiry of term

   4. At any time

2. The following bank can open its branch in foreign country:

   1. Scheduled bank

   2. Non-scheduled bank

   3. Both (a) and (b)

   4. None of these

3. Which of the following is a highly marketable security:

   1. Document of title to goods

   2. Shares and debentures

   3. Immoveable property

   4. All the above

4. Clubs, cooperative societies, and associations etc. are entitled as following concern:

   1. Partnership

   2. Non-trading

   3. Trading

   4. All the above

5. Which bank account continues after the withdrawal of total amount:

   1. Current account

   2. Fixed despite

   3. Saving account

   4. All the above

6. Which bank cannot discount its bills from central bank:

   1. Schedule bank

   2. Non-schedule bank

   3. Corporative bank

   4. Agricultural bank

7. What is called a good security:

   1. Whose price can be determined easily

   2. Which does not have any government restriction

   3. Whose ownership is totally clear

   4. All the above

8. When a person deposits money in a bank, it is the beginning of:

   1. Bank and customer business

   2. Bank and customer relationship

   3. Lending and borrowing between bank and customer

   4. Relation of confidence and trust

9. The account beneficial for people who save every month is:

   1. Fixed deposit

   2. Current account

   3. Saving account

   4. Foreign currency account

10. The commercial bank  may be ......:

    1. Scheduled

    2. Non-scheduled

    3. Foreign

    4. All of these

11. The security received by a bank against loan should not be:

    1. Durable

    2. Liquidable

    3. Under burden

    4. Insured

12. Which of the following takes responsibility to manage the property of another:

    1. Trustee

    2. Bailee

    3. Mortgagee

    4. All the above