Question # 1

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

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Sec. 14

Sec . 13

Sec. 16

Sec. 17

In Pakistan, the interest free modes of financing have been divided into

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Two groups

Three groups

Four groups

None of these

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

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Statement in lieu of prospectus

Certificate of incorpoartion

Certificate of commencement

None of the above

Parties involved in a cheque.

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A/c holder

Bank

Payee

All of these

Who does get the benefit of opening an account in bank:

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Bank

Account holder

Government

All of the above

Scheduled bank is bound to keep with the Country.

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80% of Total Assets

60% of Total Assets

40% Total Assets

20% Total Assets

In case of inflation in the country, the rate of margin is:

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Increased

Reduced

Waived

All of the above

A commercial bank keeps less cash reserve if:

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Cheque is used in most of the transactions

Cheque house facilty is available

Rediscounting facility is available

All of the above

What is common between bank and customer

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Account no.

Cheque no.

Serial no

Drawee

Head of any government institution can open account with a bank in the capacity of

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Consumer

Principal

Employee

None of the above

Quality of good security includes.

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Easy salable

Disputed

Source of expense

All these

An account holder does not need to write a cheque to withdraw money from following account

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Saving account

Fixed deposit account

Current account

None of the above

Begining of Bank draft by.

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Kings

Money Lenders

Merchants

Gold smith

The merits of credit card.

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Easy payment

Proof of payment

Loan Facility

All of these

The customer who keep his precious articles in bank for safe custody

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Bailer

Creditor

Debtor

Morgagagers

Whose role is consitered important in the beginning of cheque:

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Three

Merchants

Goldsmiths

Money lenders

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