Question # 1

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

Which is teh secondary function of commercial bank.

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Accepting deposits

Advancing loans

Collection of cheques

All of these

Pay Order is issued by the bank when the debtor and creditor belongs to.

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Two different cities

With in same city

Two different counties

All these

Process of credit creation by

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Central bank

Commercial banks

Both of these

None of these

Credit card payments are considered.

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Cash payments

Credit payments

Both these

None of these

Which bank does keep the precious articles of public into its custody

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Central bank

Industrial bank

Commercial bank

None of these

The amount in fixed deposit can be

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Deposited many times

Deposited only once

Withdrawn many times

None of the above

Decreas in cash reserve ratio of scheduled Banks.

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No effect

Decrease in credit creation

Increase in credit creation

Stope credit creation

Which of the following is a limitation in credit creation

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Initial deposit

Use of cheques

Use of currency

All of these

Polymer Currency includes

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Debit card

ATM card

Credit card

All of these

For commercial baks deposits are.

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Assets

Liabilities

Income

Expense

Commercial bank can be

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Scheduled

Foreign

Non Sheduled

All these

Quaid -e-Azam opened his bank account in.

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ABL

MCB

HBL

NBP

Heart of Financial Structure.

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Commercial bank

Central bank

Consortium Banks

All these

Banking companies ordinace is

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1962

1984

1932

1694

Bank draft is issued by the bank when the debtor and creditor belngs to.

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To differnet citiies/Country

With in same city

Two different families

All these

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