Question # 1

Letter of credit state a limit of.

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Credit

Time period

Bank

None of these

The relation ship between Cash Reserve and credit creation is.

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No relationship

Direct

Inverse

One way

In these days Banks are formed under companies ordinance.

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1962

1932

1984

1013

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

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Paying bank

Advising bank

Negotiating bank

All of these

Crossing makes the cheque

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Acceptable

Dishonour

Safe

None of these

Safest cheque for making payment is:

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Crossed cheque

Order cheque

Bearer cheque

All of the above

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

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Section 38

Section 33

Section 37

Section 40

If the bank refuses to pay the amount of cheque.

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Discounting

Crossing

Dishonoring

None of these

In case of inflation in the country, the rate of margin is:

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Increased

Reduced

Waived

All of the above

It is the duty of a customer to.

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Follow banking hours

Safety of cheque book

Care ful filling of cheque

All these

The other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

Money market is market of loans for.

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Long term

Short term

Medium term

None of these

The cheque which cannot be cashed on the bank counter.

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Bearer cheque

Crossed cheque

Order cheque

Both bearer and order

To meet the modern banking transactions Requirements SBP introduced.

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E- Banking

Islamic Banking

Office banking

All of these

Which of the following institution was working before the establishment of ADBP

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Agricultural development finance corporation

Agricultural development bank

Both a and b

None of the above

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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