Question # 1

Which Fiqah does allow the deduction of Zakat in the application form of account opening

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Hindu

Shia

Sunni

None of the above

While depositing money in your a/c , you must use.

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Pay - in slip

Deposit slip

Credit voucher

All these

It is the duty of a customer to.

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Follow banking hours

Safety of cheque book

Care ful filling of cheque

All these

Exchange banks are commonly known as.

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Foreign bank

Central bank

Consortium Bank

None of these

Which of the followingis highly marketable security.

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Documents of title

Goods and produce

Shares and debentures

all the above

Security is a powerful tool that ensure tthe repayment of:

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Deposit

Dept

Interest

None of the above

The Governor of SBP is oppointed for.

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Five years

Four years

Three years

Two years

When was PICIC established

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1950

1951

1957

1961

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

Endorser of promissory note is a :

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Person who promises to pay

Person who receives the amount of note

Person in whose favour the rights are transferred

Person who trasfers the rights of note

I Owe You is a written instrument drawn by

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Trader

Debtor

Creditor

All the above

the loans which cna be demanded back by bank at any time are called.

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Short term loans

Overdrats

Demand loans

Running Finance

Which of the following changes cause to change in foreign exchange rate

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Change in export and imports

Change in capital flow

Change in bank rate

All the above

Credit Card, ATM card and Debit Card are.

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Metallic money

Paper Money

Plastic Money

Bank Money

The primary objective of a central bank is to

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Earn profit

Advance loans to traders

Safeguard the national interest

All of the above

The person who accepts the bill of exchang is.

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Debtor

Drawer

Payee

None of these

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