| 1 |
Commercial bank can be regarded by nature as |
- A. Depository bank
- B. Central bank
- C. Investment bank
- D. None of the above
|
| 2 |
Exchange banks are commonly known as. |
- A. Foreign bank
- B. Central bank
- C. Consortium Bank
- D. None of these
|
| 3 |
Credit card payments are considered. |
- A. Cash payments
- B. Credit payments
- C. Both these
- D. None of these
|
| 4 |
Because of high reserve ratio the credit creation power. |
- A. Constant
- B. Increases
- C. Decreases
- D. Zero
|
| 5 |
Process of credit creation by |
- A. Central bank
- B. Commercial banks
- C. Both of these
- D. None of these
|
| 6 |
Which bank does accept the deposits from public |
- A. Commercial bank
- B. Central bank
- C. Foreign exchange bank
- D. All the above
|
| 7 |
In Pakistan the bank nationalized Act is. |
- A. Act 1956
- B. Act 1932
- C. Act 1962
- D. Act 1974
|
| 8 |
If a credit card is lost, what should the holder do. |
- A. Report to employer
- B. Report to bank
- C. Report to insurance co.
- D. All the above
|
| 9 |
A commercial bank keeps less cash reserve if: |
- A. Cheque is used in most of the transactions
- B. Cheque house facilty is available
- C. Rediscounting facility is available
- D. All of the above
|
| 10 |
The current account nd saving account is also called |
- A. Sight deposits
- B. Chequing account
- C. Demand deposits
- D. All of these
|