1 |
The person in whose favour the bill of exchange is drawn is called |
drawer
payee
drawee
lessee
|
2 |
The person who draws,s the bill of exchange is called |
drawee
drawer
payee
lessee
|
3 |
For withdrawal of large amount from saving account, a prior notice is required from |
1 to 7 days
7 to 15 days
15 to 20 days
without any notice
|
4 |
In Pakistan the current account can be opened with minimum amount of |
Rs.100 to Rs.500
Rs.1000 to 5000
Rs.5000 to 10000
Both (b) and (c)
|
5 |
An attractive source of fund for long term lending and investment purpose is:  |
Fixed account
saving account
current account
both (B) and (C)
|
6 |
The major types of accounts which can be maintained with banks to keep the deposits or surplus fund are. |
1
2
3
4
|
7 |
If shopkeeper sells a TV for Rs, 13,125 at a profit of 5%. Tel much profit did he earn? |
Rs.600
Rs.625
Rs.650
Rs.700
|
8 |
The ratio of profit three partners A,B, and C is 10:7:5, the sum of their Ratio is |
15
20
22
25
|
9 |
An association of two or more persons to carry on a business for the purpose of making profit is called |
business
trading
partnership
company
|
10 |
The price are of an article given in the list provided by the manufacturer to the trader is called:  |
discount
list price
marked price
Discount % age
|