Question # 1

The primary function of commercial bank are

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Accepting deposits

Advancing loans

Both a and b

None of these

Commercial bank create money.

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Metallic

Credit

Paper

All these

Which one is not the feature of good Banking system.

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Economic development

Inflation

Larger Capital

TYrust of public

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

Which of the folloiwng is a valid method of receivig payment from debtors.

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Debit card

Credit card

ATM card

Cash

The kind of loan according to issue

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Cash credit

Discounting of bill

Mortgage loan

All of the above

Which of the following is a limitation in credit creation.

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Initial deposit

Use of cheques

Use currency

all of these

The commercial banks may be:

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Scheduled

Non-scheduled

Foreign

All of the above

United Bank Ltd. was formed on.

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1959

1949

1694

1957

To make regular payments of a fixed amount to a stated A/c

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Direct Debit

Standing order

Inter bank transfer

All of these

Which of the following is a valid method of receiving payment from debtors.

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Debit card

Credit card

ATM card

Cash

The amount (capital) recieved by bank after issuing shares is called:

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Reserve capital

Paid up capital

Autherized capital

Issued capital

The loan which can be demanded by bank at anytime:

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Overdraft

Demand loans

Bills of exchange

All of the above

To make payments of variable amounts to a stated A/c

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Direct Debit

Standing order

Inter bank transfer

Clearing House system

The part of deposits kept with the central bank is called:

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Cash reserve

Margin

Interest rate

All of the above

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