| 1 |
Credit card payments are considered. |
- A. Cash payments
- B. Credit payments
- C. Both these
- D. None of these
|
| 2 |
Which is the secondary function of a commercial bank. |
- A. Accepting deposits
- B. Advancing loans
- C. Collection of cheques
- D. all of these
|
| 3 |
Quaid -e-Azam opened his bank account in. |
- A. ABL
- B. MCB
- C. HBL
- D. NBP
|
| 4 |
What kind of power does commercial bank possess regarding credit creation |
- A. Unlimited power
- B. Limited power
- C. No power
- D. All the above are possible
|
| 5 |
Exchange banks are commonly known as. |
- A. Foreign bank
- B. Central bank
- C. Consortium Bank
- D. None of these
|
| 6 |
Which of the following is not an example of plastic money |
- A. Debit card
- B. ATM card
- C. Currency notes
- D. Credit card
|
| 7 |
The relation ship between Cash Reserve and credit creation is. |
- A. No relationship
- B. Direct
- C. Inverse
- D. One way
|
| 8 |
The part of deposits kept with the central bank is called: |
- A. Cash reserve
- B. Margin
- C. Interest rate
- D. All of the above
|
| 9 |
Commercial bank creates credit |
- A. By discounting of bills
- B. By investment
- C. By advancing loans
- D. All of the above
|
| 10 |
Commercial bank can be |
- A. Scheduled
- B. Foreign
- C. Non Sheduled
- D. All these
|