Question # 1

Who was the founder of commercial bank

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Goldsmiths

Merchants

Money lenders

All the above

Which 0f the following is the objective of central bank.

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Economic Development

Helping govt.

Welfare of Economy

All the above

What is the example of Scheduled bank

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Habib bank Ltd.

Allied bank Ltd. in Pakistan

Both a and b

None of these

Three grace days are given to debtors for payment.

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Bill of exchange

Promissory note

Bank draft

All of these

On opening Saving Account the Bank Provide.

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Pass Book

Pay in slip

Cheque book

All of these

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

For commercial banks " Advancing loans' are.

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Assets

Liabilities

Expenses

All of these

What is the number of members in the managements body of PICIC

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12

21

5

7

the precautions while advancing loan by bank are.

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Safety of loan

Durable security

Liquidity

All the above

What is written on the leaf of a cheque about customer

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Name

Address

Telephone number

Account number

Following is an example of Non-Operating Account.

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Current Account

Fixed Deposit Account

Foreign Currency A/c

Saving Account

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

What is recieved by the post office on money order:

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Profit

Interest

Commision

All of the above

The loan which is granted by by bank to account holder on temporary basis called

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Cash credit

Overdraft

Demand loan

None of the above

Which account is considered a nn transferable account.

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Saving Account

Current Account

B.B.A. Account

Term Deposit Account

Bank draft is a credit instrument.

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Negotiable

Non negotiable

Unreadable

None of these

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