1 |
Which of the following takes responsibility to manage the property of another |
- A. Trustee
- B. Bailee
- C. Mortgagee
- D. All the above
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2 |
The loan against which no security is kept by bank are. |
- A. Secured loans
- B. Unsecured loans
- C. Demand loans
- D. None of these
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3 |
When bank provides finance to its customer under an agreement of Modaraba, the customer becomes |
- A. Consumer
- B. Zarib
- C. Aamal
- D. None of the above
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4 |
Difference between hypothecation and pledge is. |
- A. Possession of goods
- B. Ownership
- C. Possession of documents
- D. None of these
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5 |
Pledge means loan given against |
- A. Immovable property
- B. Movable property
- C. Botha a and b
- D. None of these
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6 |
The nature of relation between bank and customers is: |
- A. Deptor and creditor
- B. Agent and principal
- C. Bailer and bailee
- D. All of the above
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7 |
Which of the following terms is used regarding the confirmation of death of bank customer |
- A. Stopped account
- B. Cancelled account
- C. Deceased account
- D. Closed account
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8 |
The loan given against some security are known as. |
- A. Unsecured loans
- B. Demand loans
- C. Secured loans
- D. All the above
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9 |
Which of the followingis highly marketable security. |
- A. Documents of title
- B. Goods and produce
- C. Shares and debentures
- D. all the above
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10 |
Which of the following customers does not have more rights on bank: |
- A. Individual customer
- B. Joint customer
- C. Minor customer
- D. All have the same
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