Question # 1

Which of the following customers does not have more rights on bank:

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Individual customer

Joint customer

Minor customer

All have the same

When goods are made available as security for a loan from bank.

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Hypothecation

Mortagage

None of these

Both a and b

Example of marketble security are.

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Debentures

Shares

Postal order

Both a and b

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

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Consumer

Zarib

Aamal

None of the above

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

Married women can open following account in bank:

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Saving account

Current account

Fixed amount

All of 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

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

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

When a person deposits money in a bank, it is the beginning of

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Bank and customer business

Bank and customer relationship

Lending and borrowing between bank and customer

Relation of confidence and trust

Pledge means loan given against

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Immovable property

Movable property

Botha a and b

None of these

The other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

The bank can cover the loan by selling out the.

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Capital

Credit card

Security

None of these

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

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Bill of lading

Dock warrant

Railway recipt

Deliery order

Which of the following terms is used regarding the confirmation of death of bank customer

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Stopped account

Cancelled account

Deceased account

Closed account

The main uses of bank funds are.

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Cash reserve

Granting loan

Issuing shares

None of these

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

What is the status of an account if opened by a government institution

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A non-trading concern

An individual

A joint-stock company

A joint customer

the precautions while advancing loan by bank are.

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Safety of loan

Durable security

Liquidity

All the above

The loan against which no security is kept by bank are.

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Secured loans

Unsecured loans

Demand loans

None of these

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

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