Question # 1

What is necessary to withdraw money through ATM.

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ATM card

PIN number

ATM terminal

All of these

The word Bank has been derived from the German word

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Back

Bancus

Banco

None of the above

If the exporter is not the receiver (beneficiary) of money then a letter of credit is called:

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Resolving

Back to Back

Transferable

None of the above

Which of the following is used to finance the people who want to travel abroad

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Traveller's letter of credit

Traveller's cheque

Circular note

All the above

Negotiable credit instrument.

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Control credit

Stop credit

Create credit

None of these

A cheque which can be cashed by its holder

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Bearer

Order

Crossed

Plain

Who started the use of bank draft:

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Kings

Merchants

Money lenders

Goldsmiths

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

Who is responsible for loan in case of joint customer:

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All partners of persons

Person having authority to deal with bank

Active partner

None of the above

The Central Bank sells Govt. Securities in.

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Summer

Deflation

Winter

Inflation

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

Central bank bank supervises one of the following systems of a country:

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Provincial

Political

Economical and financial

None of the above

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

If an old joint stock company opens the account then a bank demands for last few years:

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Balance sheet

Annual report

Both (a) & (b)

None of the above

What is common between bank and customer.

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Account No.

Sereial No

Drawee

Cheque No

Capital market deals in

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Common stocks

Shares

Debentures

All of these

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