Question # 1

For customer Money deposited int Bank is.

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Liability

Asset

Saving and Asset

Expense

Which of the following banks performs its functions according to the instructions of central bank

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Foreign bank

Scheduled bank

Non-scheduled bank

All the above

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

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Prospectus of bank

Copy of bye-laws

Audited annual report of bank

Certificate of incorporation

In Islamic banking overdraft means.

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Debit balance

Running finance

Favorable balnce

Nil Balance

Pass Book is nto issued in.

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Saving Account

Fixed Deposit Account

BBA Account

Current Account

Account suitable for salaried person.

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Fixed Deposit account

Current Account

Saving Account

Term Deposit Account

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

Any Co.which transact the business of banking in Pakistan.

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Chartered co.

Joint stock co.

Banking co.

All of these

Written evidence of depositing money into bank.

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Cheque book

Pay in Slip

Pas Book

None of these

The other name of credit woucher is.

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Credit note

Cash credit

pay in slip

Debit note

Over draft facility is provided only on.

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Saving Account

Fixed Deposit Account

Current Account

All the above

In moderan Banking introductory reference is not required in.

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Current account

Saving Account

B.B.A. Account

All these

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

Nature of Bank Accounts also help in determining the ratio of.

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Cash Reserve

Capital

Partnership

None of these

On opening Saving Account the Bank Provide.

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Pass Book

Pay in slip

Cheque book

All of these

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