Question # 1

ZTBL issues the loans for:

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Fishing and forest

Breading of cattles

Diary farming

All of the above

Cheque is a written order of customer to:

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keep the amount

Transfer the amount

Pay the amount

Recieve the amount

Muslims commercial Bank was established on.

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1947

1948

1951

1949

The other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

When cheque is cashed then its main foil is given to:

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Bank

Customer

Government

None of these

Which one is the Secondary function commercial bank.

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Accept deposits

Advance loans

Collections of cheques

All these

The commercial banks provide the following type of loan by discounting the B/E:

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Short term

Medium term

Long term

All of the above

The demand for foreign exchange comes when.

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Purchases of foreign securites

Students go abroad

Goods are imported

All of these

A commercial bank keeps less cash reserve if:

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Cheque is used in most of the transactions

Cheque house facilty is available

Rediscounting facility is available

All of the above

When a bank accepts real estate as security by way of mortgage then it is called

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Aamal

Zarib

Mortgager

Mortgagee

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

Increase in ratio of cash reserve of scheduled banks.

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Increase of credit creation

Stop credit creation

Decreased in credit creation

None of these

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

Why does it necessary for a customer t sign the specimen signature card

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To match with the signatures when cheque is presented for payment

To make exercise of signatures

To complete documentary requirements

To obtain new cheque book

The forms of cash reserve of commercial bank:

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Cash in hand

Reserve with central bank

Recievable from other banks

All of the above

The main sources of bank's fund are

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Own capital

Deposits

Loan from other banks

All the above

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