Question # 1

The money deposited in the bank is considered by a customer as

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Asset

Liability

Investment

Saving

When was the "Reserve Bank of India" established:

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1925

1935

1940

1945

Scheduled bank keeps a certain amount of its deposits with central bank as

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Reserve capital

Bank rate

Subscribed capital

Authorized capital

If the exporter is not the receiver (beneficiary) of money then a letter of credit is called:

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Resolving

Back to Back

Transferable

None of the above

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Imperial Bank was established in:

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1921

1925

1932

1937

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

How many advantages of e banking

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3

4

5

6

Example of marketble security are.

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Debentures

Shares

Postal order

Both a and b

The important (basic) kinds of accounts opened in commercial banks are:

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Two

Three

Four

countless

Which of the following Account willbe non -remuneratation account.

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Current account

Saving Account

Fixed Deposit account

B.B.A. Account

The document which is used to transfer the deposit from one bank to another is.

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Bank draft

Promissory note

Biull of exchange

All these

Which account is called non operating account.

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Current account

Saving account

Fixed account

BBA account

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

The purpose of credit card is.

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Sell goods

Control credit

Purchase goods

None of these

When was ADBP established

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1957

1961

1963

1965

Centrak Bank Act as Lender of Last Resort to.

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Scheduled Bank

Foreign Bank

Non-Sheduled bank

All the above

the developed form of red claause L.C. is.

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Revocable L.C.

Green clause L.C.

Unconfirmed L.C.

All of these

Bill of exchange doesn't involved trade dealing.

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Trade bill

Accommodation bill

Both a and b

None of these

When ADFC came into existence

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1951

1961

1965

1970

Bank is asked to take care the property of his clinet is called.

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Bailee

Pawnee

Mortagagee

Trustee

Trade related Islamic modes of financing do not include

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Musharika

Mark up

Leasing

Hire-purchase

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