| 1 |
In Pakistan the bank nationalized Act is. |
- A. Act 1956
- B. Act 1932
- C. Act 1962
- D. Act 1974
|
| 2 |
Pay Order is issued by the bank when the debtor and creditor belongs to. |
- A. Two different cities
- B. With in same city
- C. Two different counties
- D. All these
|
| 3 |
Because of low Reserve Ratio the credit creation power. |
- A. Increases
- B. Decreases
- C. Constant
- D. Zero
|
| 4 |
Bank draft is issued by the bank when the debtor and creditor belngs to. |
- A. To differnet citiies/Country
- B. With in same city
- C. Two different families
- D. All these
|
| 5 |
Cash reserve of commercial Banks includes. |
- A. Cash in hand
- B. Cash with SBP
- C. Balance with other banks
- D. All the above
|
| 6 |
If the rate of interest (profit) on the bank deposits is higher then the banks keep: |
- A. Less cash reserve
- B. Less margin rate
- C. More cash reserve
- D. None of the above
|
| 7 |
To make regular payments of a fixed amount to a stated A/c |
- A. Direct Debit
- B. Standing order
- C. Inter bank transfer
- D. All of these
|
| 8 |
Which of the following is meant for presenting a summary and balance of accounts of bank customers |
- A. Bank statement
- B. Balance sheet
- C. Pass book
- D. Prospectus
|
| 9 |
Which bank does discount the bills of public |
- A. Commercial bank
- B. Agricultural bank
- C. Industrial bank
- D. All of the above
|
| 10 |
For its customers a commercial bank sells and buys: |
- A. Foreign exchange
- B. Property
- C. Securities
- D. All of the above
|
