| 1 |
For its customers a commercial bank sells and buys: |
- A. Foreign exchange
- B. Property
- C. Securities
- D. All of the above
|
| 2 |
Which of the following functions is performed by commercial bank |
- A. Issuance of currency notes
- B. Credit creation
- C. Rediscounting of bills
- D. Preparation of monetary policy
|
| 3 |
Which is teh secondary function of commercial bank. |
- A. Accepting deposits
- B. Advancing loans
- C. Collection of cheques
- D. All of these
|
| 4 |
Which is the Primary functionof a commercial bank. |
- A. Issue Notes
- B. Accepting Deposits
- C. Credit creation
- D. None of these
|
| 5 |
United Bank Ltd. was formed on. |
- A. 1959
- B. 1949
- C. 1694
- D. 1957
|
| 6 |
Quaid -e- Azam opened his bank account in. |
- A. 1940
- B. 1945
- C. 1957
- D. 1987
|
| 7 |
Over draft facility is only provided on: |
- A. Current account
- B. Fixed deposit
- C. Saving account
- D. All of the above
|
| 8 |
The important (basic) kinds of accounts opened in commercial banks are: |
- A. Two
- B. Three
- C. Four
- D. countless
|
| 9 |
Habib Bank Limited was formed on. |
- A. 1941
- B. 1931
- C. 1951
- D. 1961
|
| 10 |
The loan which can be demanded by bank at anytime: |
- A. Overdraft
- B. Demand loans
- C. Bills of exchange
- D. All of the above
|