Question # 1

Which of the following accounts is non-transferable

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Saving account

Fixed deposit account

Current account

None of the above

The loan given against some security are known as.

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Unsecured loans

Demand loans

Secured loans

All the above

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

Habib Bank Limited was formed on.

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1941

1931

1951

1961

The banks under special ordinance are formed:

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By the president of any bank

By the president of world bank

By the president of a country

All of the above

Which method of note issue is prevailing in Pakistan after 1965

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Min. Reserve System

Proportional system

Fixed Fiduciary system

None of the above

Person gets finance from bank in terms of Mudarba Act as

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Mudarib

Creditor

Aamil

None of these

Paying bank with respect to a letter of credit is called.

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Advising bank

Informatory bank

Both these

None of these

Maintenance of minimum balance is not required in

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Current account

Basic banking account

Saving account

None of these

Bill in which drawer belonging to two different countries:

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Inland bill

Foreign bill

Accommodation bill

None of the above

Which one can be crossed :

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Money order

Postal order

Credit card

All of the above

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

The documents which present a summary and balance of accounts of an A/C holder in bank.

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Balance sheet

Pass book

Prospectus

Bank Staement

If credit money is controlled by the sale and purchase of government securities, it is called

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Direct action

Moral persuation

Change in reserve ration

Open market operation

Account suitbale for business woman.

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Current account

Saving account

Fixed deposit account

None of these

How many institutions in money market in Pakistan

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7

8

9

10

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