Question # 1

What is recieved by the post office on money order:

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Profit

Interest

Commision

All of the above

Modern commercial Bank are teh developed form of the Busniess of.

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Gold Smith

Merchants

Money Lenders

All these

Which letter of credit is issued for a single or particular transaction:

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Fixed

Revocable

Red clause

Green Clause

On which of the following amount of overcraft, bank receives interest:

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Fix

Total

Used

All of the above

It is the duty of a customer to.

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Follow banking hours

Safety of cheque book

Care ful filling of cheque

All these

The current account nd saving account is also called

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Sight deposits

Chequing account

Demand deposits

All of these

Participation term certificate are issued by.

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Sole trader ship

Firm

Joint Stock Co.

Co-operative society

Normally bank does not pay intrest on

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Saving Account

Fixed Deposit Account

Current Account

B.B.A. Account

State Bank of Pakistan Amendment Act is.

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1932

1997

1962

1956

Which of the following rate keeps the balance of payments in equilibrium

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Discount rate

Interest rate

Exchange rate

Market rate

The purpose of using credit card is.

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Purchase goods and services

Deposit cheque

Withdraw money

Deposit cash

Which one is the Secondary function commercial bank.

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Accept deposits

Advance loans

Collections of cheques

All these

Documents of title to goods includes.

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Dock warrant

Bill of lading

Delivery order

All the above

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

Commercial bank can be

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Scheduled

Foreign

Non Sheduled

All these

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

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