Final exam B Introduction to banking copy copy

Emirates International University
Faculty of Administration and
Finance
Academic Year 2021-2022
First Semester

‫الجامعة الماراتية الدولية‬
‫كلية العلوم الدإارية والمالية‬
‫م‬2022-2021 ‫العام الدراسي‬
‫الفصل الدراسي الول‬

Final Examination (Questions Sheet)
:Department:

Course No:
Level: 3
: Part

Model No: A
Student Name
Course Name: Introduction to Banking

One: The MCQ Questions (2 Marks per Question)

Q1 Treasury bill is :
a. promissory note issued by government under discount for a specified period stated therein
b. written order a one branch of bank to another branch of the same bank
c. Materials symbols
d. (a,b, c)
Q2 AD-HOCS is :
a. type of treasury bill

b. “Location, location, location.”
c. “Watch your costs at all cost.”
d. “An overall evaluation of the company’s strengths, Weaknesses , Opportunities and Threats
Q3 Banknote is :
a. issued by central bank
b. . A banknote is payable to the bearer on demand, and the amount payable is apparent on the
face of the note.
c. legal tender; along with coins
d. (a,b, c)
Q4 Monetary policy :
a. Adjusting interest rates (to control inflation) and the money supply
b. Governments attempt to manage fluctuations in economic activity through taxation and
expenditure
c. concerned with banker’s bank
d. A and C
Q5 Fiscal policy :
a. Microenvironment force (public )
b. Governments attempt to manage fluctuations in economic activity through taxation and
expenditure
c. concerned with government bank
d. (b and c )

Q6 Central bank controls :
a. fiscal policy and not monetary policy
b. fiscal policy and monetary policy
c. relationship channel between costumer
d. economic factors that affect consumer buying power and spending patterns
Q7 Central banks in Third World countries is controlled by :
a. IMF
B) IBRD

1


Emirates International University
Faculty of Administration and
Finance
Academic Year 2021-2022
First Semester

‫الجامعة الماراتية الدولية‬
‫كلية العلوم الدإارية والمالية‬
‫م‬2022-2021 ‫العام الدراسي‬
‫الفصل الدراسي الول‬

C) none of the above
D) a and b
Q8 Central bank functions are divided into :
a. Governments bank and bankers bank
b. inventory management bank
c) customized marketing bank
d ) (b and c )

Q9 Monopoly of notes issue and controller of credit are
a. functions of Commercial bank
b. functions of Central bank and Commercial bank
c. functions of Central bank only
d. economic factors that affect consumer buying power and spending patterns
Q10 We mean by Custodian of foreign exchange
a. The profit earned from investment bank
b. The profit earned by each country goods and services export

c. TQM profit
d. Management profit

Q11 Which of the following is not a type of banks?
(a) Commercial bank
(b) Investment bank

(c) Central bank
(d) bill of exchange

Q12 Which of the following is not a type of cheque?
(a) Bill of exchange
(c) Head of HR

(b) Bearer cheque
(d) none of the above

Q13 Which of the following are not

of credit instrument

1. Commercial bank
2. Bill of exchange
3 Promissory note
4. Traveler cheque

Q14 Types of General crossing cheque doesn’t include:
(a) General and special crossing
(b) Plain crossing and restrictive crossing
(c) Mass customization

(d) All above

Q15 Travelers cheque :
a. are used to avoid risk of having cheque
b. Bill of exchange
c. Plain crossing and restrictive crossing
d. Culture ,social , and personal factors
Q16 2.Credit Letter is defined as :

a. External forces outside of managers’ control
2


Emirates International University
Faculty of Administration and
Finance
Academic Year 2021-2022
First Semester

‫الجامعة الماراتية الدولية‬
‫كلية العلوم الدإارية والمالية‬
‫م‬2022-2021 ‫العام الدراسي‬
‫الفصل الدراسي الول‬

b. a document issued by financial institution on behalf of a client to pay a beneficiary
c. Connections with Marketing Partners
d. Connections with the World Around Us
Q17 Parties of Letter of credit include :
a. applicant
b. issuing bank .

c. beneficiary .
d. all of the above
Q18 Of the banks involved in letter of credit :
a. Advising bank.
b. paying bank
c. confirming bank
d. (a,b, c)
Q19 Of the advantages of credit letter are :
a. Exchange of ownership
b. Capital formation
c. Rate of employee turnover
d. (a,b)
Q20 Bank draft is :

a. The organization’s founder: vision and mission
b. written order a one branch of bank to another branch of the same bank to pay certain amount
of money on demand
c. The behavior of top management
d. (a,b, c)

: Part Two:

The True/False Questions (2 Masrk per Question)

Q1. Taylor’s Scientific Management Principles includes :Developing a science
for each element of an individual’s work, which will replace the old rule-ofthumb method

- T
-f
Q2. Quantitative Approach : is evolved from mathematical and statistical

methods developed to solve military logistics and quality control problems

- T
-f
Q3. Lender of last resort lies under the function of government bank
3


Emirates International University
Faculty of Administration and
Finance
Academic Year 2021-2022
First Semester

‫الجامعة الماراتية الدولية‬
‫كلية العلوم الدإارية والمالية‬
‫م‬2022-2021 ‫العام الدراسي‬
‫الفصل الدراسي الول‬

- T
-f
Q4. Loans are utilized to support central bank
- T
-f
Q5. Advances are funds provided by the bank to a specific entity for a specific
purpose ,it is repayable after long period

- T
-f
Q6. Loans are considered as debt while advances are credit facility

- T
-f
Q7. External Environment are those factors and forces outside the
organization that affect the organization’s performance
- T
-f
Q8. Types of security include: personal, collateral, tangible and
primary.
T
-f
Q9. The item that secures the loan is called collateral
T
-f
Q10. An unsecured loan is a loan backed only by the reputation and
creditworthiness of the borrower
- T
:Lecturer

-f
Name:

Signature

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