Question # 1

The number of financial institutions in money is

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Limited

Fixed

Unlimited

All are possible

Which bank does discount the bills of public

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Commercial bank

Agricultural bank

Industrial bank

All of the above

What does the bank receive on issuing a letter of credit:

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Profit

Interest

Commission

Duty

The person who opens a bank account is called:

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Owner of bank

Customer of bank

Employee of bank

None of them

Saving accounts encourage the habit of saving among

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Low income persons

Investors

Business people

All of the above

Present commercial Banks are teh Developed form of the business of.

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Money Lenders

gold smiths

Money changers

Merchants

Where is the head office of ZTBL

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Karachi

Lahore

Peshawar

Islamabad

The numebr of parties in a cheque are.

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Two

Five

Four

Three

The products of E-Banking are.

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ATM cards

Credit cards

Debt cards

All of these

In L.C. the other name of importer's bank is.

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Buyer bank

Opening bank

Issuing bank

All of these

The main sources of bank's fund are

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Own capital

Deposits

Loan from other banks

All the above

Cheque book is not use in.

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Current Account

Foreign Currency Account

B.B.A account

Fixed deposited Account

The document which is used to transfer the deposit from one bank to another is.

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Bank draft

Promissory note

Biull of exchange

All these

The leader of money and capital market in Pakistan.

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Government

Cental Bank

Commercial Banks

None of these

"EFT" stands for

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Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

Which bank account continues after the with drawal of total amount:

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Current saving

Fixed deposit

Saving account

All of the above

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