Question # 1

Which of the following relationships occurs if a customer deposits his money in a bank

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Bank as a debtor and customer as a creditor

Bank as a creditor and customer as a debtor

Bank as an agent and customer as a principle

Bank a modarib and customer as an aamal

When a bank accepts real estate as security by way of mortgage then it is called

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Aamal

Zarib

Mortgager

Mortgagee

Which of the following cannot open account in a bank

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Pargah-nasheen women

Minor or infant

Lunatic or mental patient

Non-trading concern

Example of marketble security are.

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Debentures

Shares

Postal order

Both a and b

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

Who is responsible for loan in case of joint customer:

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All partners of persons

Person having authority to deal with bank

Active partner

None of the above

Person having an account with a bank or having some similar relation with the bank is called

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Owner

Debtor

Consumer

Customer

The document which reveals the ownership of goods kept on port.

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Bill of lading

Dock warrant

Railway recipt

Deliery order

The loan given against some security are known as.

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Unsecured loans

Demand loans

Secured loans

All the above

Margin means the difference between amount of loan and.

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Value of overdraft

Market value

Value of security

None of these

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

The bank can cover the loan by selling out the.

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Capital

Credit card

Security

None of these

A trustee is the:

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Owner of property

Care taker of property

Mortgagee of property

None of the above

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

Overdraft is also knonw as.

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Cash Credit

Running finace

Cash finance

All the above

The loans which can be demanded back by bank at any time are.

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Short term loans

Medium Tem loans

Long term loans

Demand loans

Which of the followingis highly marketable security.

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Documents of title

Goods and produce

Shares and debentures

all the above

If an old joint stock company opens the account then a bank demands for last few years:

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Balance sheet

Annual report

Both (a) & (b)

None of the above

Married women can open following account in bank:

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Saving account

Current account

Fixed amount

All of the above

The amount of loan should be less than.

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Value of security

Market value

Face value

Hidden value

Illiterate person provides to bank for his identification

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Birth certificate

Impression of thumb

Photograph

All the above

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