| 1 |
Credit card payments are considered. |
- A. Cash payments
- B. Credit payments
- C. Both these
- D. None of these
|
| 2 |
Which of the following is a limitation in credit creation. |
- A. Initial deposit
- B. Use of cheques
- C. Use currency
- D. all of these
|
| 3 |
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
|
| 4 |
Present commercial Banks are teh Developed form of the business of. |
- A. Money Lenders
- B. gold smiths
- C. Money changers
- D. Merchants
|
| 5 |
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
|
| 6 |
Which is the Primary functionof a commercial bank. |
- A. Issue Notes
- B. Accepting Deposits
- C. Credit creation
- D. None of these
|
| 7 |
For its customers a commercial bank sells and buys: |
- A. Foreign exchange
- B. Property
- C. Securities
- D. All of the above
|
| 8 |
Quaid -e-Azam opened his bank account in. |
- A. ABL
- B. MCB
- C. HBL
- D. NBP
|
| 9 |
Quaid -e- Azam opened his bank account in. |
- A. 1940
- B. 1945
- C. 1957
- D. 1987
|
| 10 |
Commercial bank can be |
- A. Scheduled
- B. Foreign
- C. Non Sheduled
- D. All these
|