Question # 1

What is meant by hypothecation

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To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt

To hand over the documents of property by a customer until the repayment of debt

A type of security in which neither the ownership nor the possession passes to the bank

A receipt of loan which shows that money has been borrowed against an immovable property as a security

Modern commercial Bank are teh developed form of the Busniess of.

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Gold Smith

Merchants

Money Lenders

All these

Which of the followig is not an example of Plastic money.

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Debit card

ATM card

Credit card

Currency notes

Cheque is a credit instrument.

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Partial negotiable

Negotiable

Non negotiable

None of these

Main parties of promissory note are

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One

Two

Three

Four

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

For customer Money deposited int Bank is.

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Liability

Asset

Saving and Asset

Expense

When was ADBP established

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1957

1961

1963

1965

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

The banks under special ordinance are formed:

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By the president of any bank

By the president of world bank

By the president of a country

All of the above

How many merits of scheduled bank

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12

13

14

15

Treasury bill means:

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Amount of government

Evidence of governments debt

Promise of government to pay

None of the above

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

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

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Sight bill of exchange

Foreign bill exchnage

Long bill exchange

Short billof exchange

When was Islamic Banking System introduced in Pakistan:

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1970

1972

1981

1982

The Kiind of non commercial letter of credit includes.

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Traveler L.C.

Circular note

Credit card

All of these

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