Question # 1

Difference between hypothecation and pledge is.

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Possession of goods

Ownership

Possession of documents

None of these

It is necessary for scheduled bank to

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Act on the instructions of central bank

Submit report to central bank

Get the books checked

Al the above

The main uses of bank funds are.

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Cash reserve

Granting loan

Issuing shares

None of these

What is necessary to withdraw money through ATM.

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ATM card

PIN number

ATM terminal

All of these

Which institution is not the member of money market

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Commercial bank

Discount houses

HBFC

All the above

Account payee only in the transverse parallel line.

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Bearer cheque

Special crossing

General crossing

None of these

The quantitative methods of credit control are in nature.

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General

Selective

Optional

None of these

What type of account is preferred by a businessman

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Saving account

Fixed deposits

Current account

Foreign currency account

Which account is called non operating account.

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Current account

Saving account

Fixed account

BBA account

Which of the following rate keeps the balance of payments in equilibrium

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Discount rate

Interest rate

Exchange rate

Market rate

Which function does a central bank not perform

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Credit creation

Advancing loans

Lender of last resort

Banker of the public

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 currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

Cheque is a written order of customer to:

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keep the amount

Transfer the amount

Pay the amount

Recieve the amount

the card which can be used to pay for goods purchased.

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ID card

Credit card

Chrage card

Gurantee card

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

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