Question # 1

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

Illiterate person provides to bank for his identification

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Birth certificate

Impression of thumb

Photograph

All the above

Which of the followingis highly marketable security.

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Documents of title

Goods and produce

Shares and debentures

all the above

Documents of title to goods includes.

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Dock warrant

Bill of lading

Delivery order

All the above

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

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Consumer

Zarib

Aamal

None of the above

A trustee is the:

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Owner of property

Care taker of property

Mortgagee of property

None of the above

The bank can cover the loan by selling out the.

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Capital

Credit card

Security

None of these

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

When a person deposits money in a bank, it is the beginning of

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Bank and customer business

Bank and customer relationship

Lending and borrowing between bank and customer

Relation of confidence and trust

Principle of advancing loan by bank are.

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Principle of income

Principle of safety

Principal of liquidity

All the above

Bank is bound to honour the cheque of customer if:

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Required amount is available in amount

Cheque is according to rules of conduct

There is no restriction by government

All of the above

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

The other name of cash credit is.

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Overdraft

Cash finance

Runnign finance

None of these

Which of the following customers does not have more rights on bank:

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Individual customer

Joint customer

Minor customer

All have the same

Clubs, cooperative societies, and associations etc. are entitled as following concern

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Partnership

Non-trading

Trading

All the above

Which of the following cannot open account in a bank

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Pargah-nasheen women

Minor or infant

Lunatic or mental patient

Non-trading concern

A form of written agreement between bank and customer is

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Cheque book

Pass book

Application form for opening account

None of the above

Which of the following takes responsibility to manage the property of another

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Trustee

Bailee

Mortgagee

All the above

The document which reveals the ownership of goods kept on port.

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Bill of lading

Dock warrant

Railway recipt

Deliery order

When goods are made available as security for a loan from bank.

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Hypothecation

Mortagage

None of these

Both a and b

Which of the following terms is used regarding the confirmation of death of bank customer

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Stopped account

Cancelled account

Deceased account

Closed account

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