Question # 1

Cheque book is not use in.

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Current Account

Foreign Currency Account

B.B.A account

Fixed deposited Account

The amount in fixed deposit can be

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Deposited many times

Deposited only once

Withdrawn many times

None of the above

Present commercial Banks are teh Developed form of the business of.

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Money Lenders

gold smiths

Money changers

Merchants

Official empowered by theGovt. attest the negotiable instruments by his seal.

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Gazette officer

Notary public

Public attorney

None ofthese

The higer the cash reserve ratio.

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Credit creation zero

Credit creation constant

Higher the credit creation

Lower the credit creation

Which of the following is a limitation in credit creation.

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Initial deposit

Use of cheques

Use currency

all of these

Due to good Banking system which sector showed Rapid growth.

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Agriculture sector

Industiral sector

Banking Sector

All of these

According to registration , bank is divided into followings categories:

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Home and foreign bank

Central and commercial bank

Scheduled and non-scheduled bank

All of the above

Draft drawn and pid in two different parties int he same country is called.

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Foreign draft

Demand draft

Local draft

None of these

Commercial bank creates the following Money

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Metallic

Credit

Paper

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

In Pakistan Islamic Banking system was introduced in .

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1974

1981

1984

None of these

The loan which can be demanded at any time are called

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Short term loans

Demand loans

Overdraft

All the above

Which bank does keep the precious articles of public into its custody

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Central bank

Industrial bank

Commercial bank

None of these

Qualitative methods are control over.

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Currency

Govt

Banks

Public

The draft which is drawn and paid in two different countries.

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Inland draft

Ordered draft

Foreign draft

Home draft

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