Question # 1

Payee has no give his identification to bank for receiving the amount of:

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Bearer cheque

Order cheque

Blank cheque

Crossedcheque

Which account is called non operating account.

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Current account

Saving account

Fixed account

BBA account

A bill which can be rediscounted from central bank

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Sight bill

Time bill

Both a and b

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

Services provided by on line banking

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Depositing the money into the account

Withdrawal the money from bank

Transfer of money

All the above

Process of credit creation by

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Central bank

Commercial banks

Both of these

None of these

Where is the head office of IDBP:

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Lahore

Faisalabad

Islamabad

Karachi

the precautions while advancing loan by bank are.

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Safety of loan

Durable security

Liquidity

All the above

Non -Scheduled banks are formed under.

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Sole trader ship

Firm

Joint Stock Co.

Co-operative society Act

Bank draft is an order

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Of court

Conditional

Unconditional

Of government

No minimum balance limit requried in.

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Current Account

Saving Account

Foreign Account

B.B.A Account

In case of non-negotiable instruments, the rights can:

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Be tranferred

Not be transferred

Be conditionally transferred

All of the above

The price of one country's currency in term other country's currency is called

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Foreign currency

Traveller's L.C.

Exchange rate

None of these

Normally bank does not pay intrest on

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Saving Account

Fixed Deposit Account

Current Account

B.B.A. Account

Imperial Bank was established in:

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1921

1925

1932

1937

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

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