Question # 1

In the presence of cleairng house the use of cash transactions between banks

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Increases

Decreases

Stops

NO effect

Which of the following banks accepts deposits and advances loans

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Cooperative bank

Mortgage bank

Commercial bank

Central bank

How many institutions in money market in Pakistan

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7

8

9

10

Another name of fixed deposit receipt is.

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Term Deposit receipt

Capital receipt

Cash Deposit receipt

Revenue receipt

All information of pass book is filled by.

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Bank offcials

Payee

Drawer

Account Holder

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

Which document a joint stock company has to provide at the time of opening account with bank

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Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

Rate of interest in case of fixed deposit is

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Low

High

Both

None of the above

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

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Prospectus of bank

Copy of bye-laws

Audited annual report of bank

Certificate of incorporation

Current account is suitable for

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Capitalists

Salaried persons

Business community

None of the above

Which of the following changes cause to change in foreign exchange rate

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Change in export and imports

Change in capital flow

Change in bank rate

All the above

Investiment trusts and finance houses.

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As open market

Money market

Capital market

None of these

Which bank is called the mother of Central Banks.

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World Bank

Bank of Vence

Royal Bank of Scotland

Bank of England

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