Question # 1

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

Illiterate person provides to bank for his identification

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Birth certificate

Impression of thumb

Photograph

All 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

Margin means the difference between amount of loan and.

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Value of overdraft

Market value

Value of security

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

Relation between banker and customer terminates, when a :

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Customer becomes mad or lunatic

Customer becomes insane or mental

Customer dies

All od the above

Bank is bound to honour the cheque of customer if:

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Required amount is available in amount

Cheque is according to rules of conduct

There is no restriction by government

All of the above

A trustee is the:

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Owner of property

Care taker of property

Mortgagee of property

None of 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

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

The parties involved in a gurantee are.

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Debtor

Creditor

Guarantor

All these

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 other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

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

A form of written agreement between bank and customer is

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Cheque book

Pass book

Application form for opening account

None of the above

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

The amount of loan should be less than.

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Value of security

Market value

Face value

Hidden value

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

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

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