| 1 |
The nature of relation between bank and customers is: |
- A. Deptor and creditor
- B. Agent and principal
- C. Bailer and bailee
- D. All of the above
|
| 2 |
Example of marketble security are. |
- A. Debentures
- B. Shares
- C. Postal order
- D. Both a and b
|
| 3 |
When bank provides finance to its customer under an agreement of Modaraba, the customer becomes |
- A. Consumer
- B. Zarib
- C. Aamal
- D. None of the above
|
| 4 |
A trustee is the: |
- A. Owner of property
- B. Care taker of property
- C. Mortgagee of property
- D. None of the above
|
| 5 |
Bank is bound to honour the cheque of customer if: |
- A. Required amount is available in amount
- B. Cheque is according to rules of conduct
- C. There is no restriction by government
- D. All of the above
|
| 6 |
Which of the following takes responsibility to manage the property of another |
- A. Trustee
- B. Bailee
- C. Mortgagee
- D. All the above
|
| 7 |
Which of the following customers does not have more rights on bank: |
- A. Individual customer
- B. Joint customer
- C. Minor customer
- D. All have the same
|
| 8 |
Head of any government institution can open account with a bank in the capacity of |
- A. Consumer
- B. Principal
- C. Employee
- D. None of the above
|
| 9 |
A good security is one which is. |
- A. Perishable
- B. Marketable
- C. Disputed
- D. All the above
|
| 10 |
Principle of advancing loan by bank are. |
- A. Principle of income
- B. Principle of safety
- C. Principal of liquidity
- D. All the above
|
