Question # 1

The leader of capital market in Pakistan.

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Centrla bank

Government

Commercial Banks

None of these

The document by which the people are invited to buy the shares of bank is called

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus of bank

Decrease in the value of home currency as compare to foreign currency.

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Inflation

Devalution

Deflation

All these

Joint Stock Company can open only.

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Fixed deposited account

Saving account

B.B.A . Account

Current account

Difference between hypothecation and pledge is.

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Possession of goods

Ownership

Possession of documents

None of these

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

Participation term certificates are issued in place of.

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Shares

Debentures

NIT Units

All these

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

The banks under special ordinance are formed:

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By the president of any bank

By the president of world bank

By the president of a country

All of the above

Who can issue participation term certificates

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Firm

Company

Cooperative society

All the above

In financial crises, the central bank issues loan to

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Non-scheduled bank

Foreign bank

Scheduled bank

All the above

Bill of exchange is written order whihc is always.

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Unconditional

conditional

Compulsory

None ofthese

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

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5%

10%

30%

100%

A form of written agreement between bank and customer is

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Cheque book

Pass book

Application form for opening account

None of the above

The other name of credit woucher is.

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Credit note

Cash credit

pay in slip

Debit note

Quality of good security includes.

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Easy salable

Disputed

Source of expense

All these

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