Question # 1

Drawee of the bank draft is a

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Bank which issues a draft

Bank on which the draft is drawn

Payee of draft

Sender of amount by draft

Bills of exchange is a negotiable instrument which contains

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A written order

Conditional written order

Unconditional written order

None of the above

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

The acceptance of bill with some conditionis called.

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Dishonor acceptance

Documentary acceptance

Qualified acceptance

General acceptance

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

The purpose of credit card is.

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Sell goods

Control credit

Purchase goods

None of these

Which of the following relationships occurs if a customer deposits his money in a bank

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Bank as a debtor and customer as a creditor

Bank as a creditor and customer as a debtor

Bank as an agent and customer as a principle

Bank a modarib and customer as an aamal

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

Bills of exchange is a written order which is always

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Conditional

Unconditional

Partially conditional

All of the above

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

In the presence of cleairng house the use of cash transactions between banks

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Increases

Decreases

Stops

NO effect

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

Paying bank with respect to a letter of credit is called.

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Advising bank

Informatory bank

Both these

None of these

What is the purpose of using credit card

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To purchases goods and services

To win the prized from banks

To travel abroad

To invest the saving

If a credit card is lost, what should the holder do.

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Report to employer

Report to bank

Report to insurance co.

All the above

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