Question # 1

Which institution is not the member of money market

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Commercial bank

Discount houses

HBFC

All 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

The loans which can be demanded back by bank at any time are.

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Short term loans

Medium Tem loans

Long term loans

Demand loans

The draft which is drawn and paid in two different countries.

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Inland draft

Ordered draft

Foreign draft

Home draft

Bank Should advance loan to only those who are storng.

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Domestically

Socially

Financially

None of these

Treasury bill is a :

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Negotiable credit instrument

Non-negotiable credit instrument

Debentures

Shares

Principle of advancing loan by bank are.

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Principle of income

Principle of safety

Principal of liquidity

All the above

Which of the following customers does not have more rights on bank:

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Individual customer

Joint customer

Minor customer

All have the same

Two transverse parallel lines on the face of cheque.

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Crossingof cheque

Dishnoring of cheque

Endorsed of cheque

Retirementof cheque

When the State Bank of Pakistan came into existence

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1947

1948

1949

1970

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

The document which reveals the ownership of goods kept on port:

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Bill of lading

Dock warrant

Delivery order

Railway receipt

The commercial banks may be:

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Scheduled

Non-scheduled

Foreign

All of the above

Credit card payments are considered.

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Cash payments

Credit payments

Both these

None of these

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

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Consumer

Zarib

Aamal

None of the above

What is the full form is ATM

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Automated Teller Machine

AsynchronousTransferMode

AirTrafficManagement

None of these

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