vu bnk601 Mid Term - Quiz No.4
vu bnk601 Banking Laws & Practices Quiz
This quiz belongs to book/course code vu bnk601 Banking Laws & Practices of vu organization. We have 46 quizzes available related to the book/course Banking Laws & Practices. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Mid Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: Which of the following exposures poses special challenges to the credit processed at banks?
Digital and light sensitive
Market and liquidity sensitive
Activity and profitability sensitive
Debt and activity sensitive
Question 2: Which one of the following is charged to strive for soundness & stability of the financial system and safeguard interest of stakeholders?
Banking inspection
Finance department
Banking surveillance department
Islamic banking department
Question 3: Initially how many banks supported the SWIFT?
225
230
239
250
Question 4: According to Prudential Regulations for auto loan, which of the following is classified as “Doubtful”?
Where interest or principal is overdue by 45 days or more from the due date
Where interest or principal is overdue by 90 days or more from the due date
Where interest or principal is overdue by 180 days or more from the due date
Where interest or principal is overdue by one year or more from the due date
Question 5: Of the following who make the contract void?
Minor
Insolvent
Lunatic
All of the given options
Question 6: Which of the following factor is important for the growth of Pakistan’s economy?
Political stability
Supporting institutions
Good governance
All of the given options
Question 7: In 14th century, Banking in structured form started in which of the following countries?
U.S.A.
England
France
Germany
Question 8: Damage or any loss to a property during construction is called:
Social insurance
Retrospectively rated insurance
Builder’s risk insurance
Pollution insurance
Question 9: Enron Corporation was dealing in:
Lawyers
Medicines
Natural gas
Petroleum
Question 10: Which of the following strategies should give recognition to the goals of credit quality, earnings and growth?
The intensive strategy
The integration strategy
The diversification strategy
The credit risk strategy
