Question # 1

The loans obtained for meeting the administrative expenses and purchase of raw material are:

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Short term loans

Medium Term lonas

Long Term lonas

All of the above

Money market deals in

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Promissory note

Bills of exchange

Marketable securities

All the above

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

Scheduled banks means a bank which is registered with

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Stock exchange

Central bank

World bank

All of the above

Which is teh secondary function of commercial bank.

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Accepting deposits

Advancing loans

Collection of cheques

All of these

Which bank does keep the precious articles of public into its custody

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Central bank

Industrial bank

Commercial bank

None of these

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

United Bank Ltd. was formed on.

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1959

1949

1694

1957

For commercial banks " Advancing loans' are.

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Assets

Liabilities

Expenses

All of these

A form of written agreement between the customer and his bank is.

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Cheque book

Bank Statement

A/c opening form

Pass book

The amount of money in the amount of account holder is called:

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Profit

Interest

Deposit

Loan

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

Person who recieves the amount of cheque from bank is called:

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Drawee

Payee

Endorsee

All of the above

Transfer of money from one palce to another place with the help of post office.

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Cheque

Draft

Money order

None of these

The person who accepts the bill of exchang is.

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Debtor

Drawer

Payee

None of these

Purchasing power theory of foreign exchange was given by.

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Hartly

Gustav Cassel

D .Cock

None of these

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