Question # 1

What is the objective of foreign exchange control

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To stabilize exchange rate

To increase government revenue

Favorable balance of payment

All the above

Bank draft is always in the form of.

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Hand written

Printed

Stamp paper

None of these

Centrak Bank Act as Lender of Last Resort to.

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Scheduled Bank

Foreign Bank

Non-Sheduled bank

All the above

Which of the following is a valid method of receiving payment from debtors.

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Debit card

Credit card

ATM card

Cash

Which is demanded by a bank at the time of opening new account

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Birth certificate

Source of income

Educational qualification

All of the above

It is the right of the bank to.

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Right to lien

Charge of services

Right of setting off

All these

What is written on the leaf of a cheque about customer

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Name

Address

Telephone number

Account number

A cheque which can be cashed by its holder

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Bearer

Order

Crossed

Plain

In Islamic banking overdraft means.

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Debit balance

Running finance

Favorable balnce

Nil Balance

A customer places his valuables with thebank for safe custody is called.

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Debtor

Bailor

Bailee

Creditor

The Lady Phd.Governors of State Bank of Paksitan inclued.

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M. Yaqoob

Ishrat Hussain

Shamshad Akhtar

All of these

Central bank bank supervises one of the following systems of a country:

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Provincial

Political

Economical and financial

None of the above

Scheduled bank is bound to keep with the Country.

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80% of Total Assets

60% of Total Assets

40% Total Assets

20% Total Assets

Orverdraft facility is not allowed to.

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Minor

Lunatic

Parda Nasheen woman

Both b and c

Feature of postal order

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Serial no

value

Commission

All of these

An organized money market is always.

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Not elastic

Less elastic

More elsastic

Elastic

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