Question # 1

The transmission of following is stopped due to clearing house:

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Credit money

Metallic money

Cash money

All of the above

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

What is the purpose of using credit card

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To purchases goods and services

To win the prized from banks

To travel abroad

To invest the saving

The bill of exchange who's tenor is less than three month is.

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Long bill of exchange

Foreign bill of exchange

Short bill of exchange

Sight bill of exchange

When was ADBP established

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1957

1961

1963

1965

Following is an example of Non-Operating Account.

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Current Account

Fixed Deposit Account

Foreign Currency A/c

Saving Account

Which of the following Account willbe non -remuneratation account.

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Current account

Saving Account

Fixed Deposit account

B.B.A. Account

Which of the following functions is performed by commercial bank

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Issuance of currency notes

Credit creation

Rediscounting of bills

Preparation of monetary policy

The method which is mostly use in making foreign payments are.

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Telegraphic transfer

Foreign bill of exchange

By post

All of these

Parties involved in I.O.U

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Three

Four

Two

Five

State Bank of Pakistan Amendment Act is.

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1932

1997

1962

1956

Due to good Banking system which sector showed Rapid growth.

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Agriculture sector

Industiral sector

Banking Sector

All of these

In Pakistan, the interest free modes of financing have been divided into

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Two groups

Three groups

Four groups

None of these

The market in which funds are borrowed of lent for a period of over one year.

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Money market

Capital market

Open market

None of these

Negotiable credit instruments does not includes.

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Cheque

ATM card

Draft

Promissory

Margin means the difference between amount of loan and.

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Value of overdraft

Market value

Value of security

None of these

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