Question # 1

The loan which is granted by by bank to account holder on temporary basis called

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Cash credit

Overdraft

Demand loan

None of the above

The name of the person is written on cheque as:

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Drawer

Drawee

Payee

None of these

Which bank does keep the precious articles of public into its custody

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Central bank

Industrial bank

Commercial bank

None of these

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

The rate of exchange determined by two countries following non-convertible paper currency system is a point where

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The purchasing power of currency is same

The purchasing power of currency is different

The purchasing power of currency is zero

None of the above

Money market is a market of loans for

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Short term

Medium term

Long term

All the above

Which letter of credit is issued for a single or particular transaction:

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Fixed

Revocable

Red clause

Green Clause

Cheque book is not use in.

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Current Account

Foreign Currency Account

B.B.A account

Fixed deposited Account

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

Which of the following is a limitation in credit creation.

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Initial deposit

Use of cheques

Use currency

all of these

Scheduled Banks can keep his totl assets outsinde the country.

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80%

60%

40%

20%

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

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12th

13th

14th

15th

The relation ship between Cash Reserve and credit creation is.

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No relationship

Direct

Inverse

One way

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

When ADFC came into existence

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1951

1961

1965

1970

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