Question # 1

Bank of England was established in.

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1494

1694

1920

1668

The charge or price for the use of money is called

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Profit

Commission

Interest

Dividend

What type of institution a bank is:

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Financial

Social

Religious

All of the above

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

The loans on which high rate of interest is charged :

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Medium term loans

Long term loans

Short term loans

Demand loans

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

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

The detail in the memorandum of bank is recorded :

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In one paragraph

In seperate paragraphs

On one page

All of the above

The bill whihc is payable on its presentation is called.

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Sight bill

Time bill

Trade bill

Accommodation bill

the card which can be used to pay for goods purchased.

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ID card

Credit card

Chrage card

Gurantee card

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Which document a joint stock company has to provide at the time of opening account with bank

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Shares

Copy of bye-laws

Audited annual report of company

Certificate of incorporation

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

Bill in which drawer belonging to two different countries:

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Inland bill

Foreign bill

Accommodation bill

None of the above

In Case of Fixed Deposit the rate of intrest is.

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Constant

High

Low

None of these

Account suitable for business woman.

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Current account

Saving account

Fixed deposite account

All these

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