Question # 1

Which of the following banks performs its functions according to the instructions of central bank

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Foreign bank

Scheduled bank

Non-scheduled bank

All the above

The following bank can open its branch in foreign country

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Scheduled bank

Non-scheduled bank

Both a and b

None of the these

It is necessary for scheduled bank to

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Act on the instructions of central bank

Submit report to central bank

Get the books checked

Al the above

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

What percentage of total assets a scheduled bank is bound to keep within the country

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60%

70%

80%

90%

Account suitable for salaried person.

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Fixed Deposit account

Current Account

Saving Account

Term Deposit Account

Another name of fixed deposit receipt is.

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Term Deposit receipt

Capital receipt

Cash Deposit receipt

Revenue receipt

Running Finance is also known as.

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Saving Account

Current Account

Overdraft

Fixed Account

Who does get the benefit of opening an account in bank.

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Bank

Account Holder

Government

All these

Scheduled bank is registered under state bank of Pakistan Act

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1965

1956

1950

None of the above

Credit Card, ATM card and Debit Card are.

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Metallic money

Paper Money

Plastic Money

Bank Money

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

What is the example of Scheduled bank

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Habib bank Ltd.

Allied bank Ltd. in Pakistan

Both a and b

None of these

Which account is considered a nn transferable account.

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Saving Account

Current Account

B.B.A. Account

Term Deposit Account

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

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