Question # 1

The departments of State Bank of Pakistan includes.

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Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

The various kinds of exchange rate includes.

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Official rate

Spot rate

Forward rate

All of these

How many institutions in money market in Pakistan

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7

8

9

10

Can open new branch without the consent of Centrla Branch.

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Scheduled Bank

State Bank of Pakistan

Non -Scheduled Bank

Bank of England

Which of the following is not an example of plastic money

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Debit card

ATM card

Currency notes

Credit card

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

The following is not used in E-Banking

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Credit card

Debit card

Cheque

All the above

What kinds of business does a commercial bank do

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Accepts deposits and advances loans

Issues currency notes

Re-discounts the bills of exchange

All the above

The important types of banker's letter of credit:

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Two

Three

Four

None of these

Example of consortium Bank.

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SBP

Orion Bank

MCB

NBP

Second stage of formation of bank is called.

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Incorporation

Commencement

Issue of shares

Promotion

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

Person gets finance from bank in terms of Mudarba Act as

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Mudarib

Creditor

Aamil

None of these

The amount (capital) recieved by bank after issuing shares is called:

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Reserve capital

Paid up capital

Autherized capital

Issued capital

Which of the following is a highly marketable security

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Document of title to goods

Shares and debentures

Immovable property

All the above

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