Question # 1

The cheque which cannot be cashed on the bank counter.

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Bearer cheque

Crossed cheque

Order cheque

Both bearer and order

Long term loan is advanced against the following security:

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Non-material

Material

Personal

All of the above

Purchasing power theory of foreign exchange was given by.

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Hartly

Gustav Cassel

D .Cock

None of these

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

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

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Debtor

Bailor

Bailee

Creditor

Stock certificates are issued by.

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Cental bank

Stock market

Limite Company

Partnership

Under which Section Scheduled Bank can open new branch.

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Section 38

Section 39

Section 40

Section 41

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

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Less cash reserve

Less margin rate

More cash reserve

None of the above

Purchasing power theory of foreign exchange was presented in.

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1920

1962

1694

1881

The money sent through post office from one country to another

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Traveller's cheque

Bank draft

Letter of credit

International money order

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

Following is an example of Non-Operating Account.

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Current Account

Fixed Deposit Account

Foreign Currency A/c

Saving Account

These thories of foreign exchange rate include.

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Mint par parity theory

Ppurchasing power theory.

Botha a and b

All of these

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

When customer deposits his money in a bank, he becomes

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Mortgagee

Creditor

Debtor

None of the above

The bank branch on whic the draft is drawn is.

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Drawer

Payee

Drawee

None of these

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