Question # 1

Pakistan has used methods of note issue.

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Proportional reserve system

Min. Reserve system

Both a and b

Fixed fiduciary system

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

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 loans which cna be demanded back by bank at any time are called.

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Short term loans

Overdrats

Demand loans

Running Finance

State Bank of Pakistan Amendment Act is.

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1932

1997

1962

1956

Scheduled banks means a bank which is registered with

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Stock exchange

Central bank

World bank

All of the above

Imperial Bank was established in:

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1921

1925

1932

1937

Promissory note means a:

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Promise to pay fixed amount on fixed date

Promise to pay currency notes on fixed date

Promise to pay goods on fixed date

All of the above

Which bank was formed under the royal order

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Bank of Venice

State Bank of Pakistan

Bank of Barsolona

Chartered bank of England

These thories of foreign exchange rate include.

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Mint par parity theory

Ppurchasing power theory.

Botha a and b

All of these

Central Bank is the Leader of.

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Capital Market

Money Market

Both a and b

Open market

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

Bank draft is a credit instrument.

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Negotiable

Non negotiable

Unreadable

None of these

Crossing makes the cheque

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Acceptable

Dishonour

Safe

None of these

Who is called a drawee of cheque

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Payee

Bank

Customer

Endorsee

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

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