Question # 1

Foreign exchange control reduces the

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Circulation of capital

Export of capital

Import of capital

None of the above

"EFT" stands for

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Electronic Funds transfer

Economic financial theory

Electronic financial techniques

Effecitve fund telegram

In case of bank draft the drawer is.

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Debtor

Creditor

Bank

Account holder

Commercial letter of credit is issued for the facilty of:

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Ambassadors

Common people

Businessmen

Alll of the above

After 31st Decemebr 1965 Pakistan use

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Min. Reserve system

Fixed Fiduciary system

Proportional Reserve

None of these

On every cheque bank gets.

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Tax

Profit

Duty

Commission

The type of Foreign or international trade are.

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^Import

Export

Interport

All these

For how many years the governor of State Bank of Pakistan is appointed:

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3 years

7 years

10 years

None of the above

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

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Short term loan

Medium term loan

Long term loan

All of the above

Grace days are given to debtors for payment.

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3 days

4 days

5 days

6 days

The Islamic ideology council presents its formal report for Islamic banking in

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June, 1978

June, 1979

June, 1980

None of these

Which of the following is a limitation in credit creation

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Initial deposit

Use of cheques

Use of currency

All of these

Cheque is a written order drawn on

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Endorsee

Bank

Customer

All of the above

A Modarba may by for

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Specific or multi purpose

Perpetual

Specific period

All the above

Crossing of cheque is cancelled by

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Drawer

Drawee

Holder

All of the above

Cheque is always crossed by

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Drawer

Drawee

Holder

All of the above

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