Question # 1

How many merits of debit card

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5

6

7

8

Bank prefers to advance loan on such documents

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Which are easy to keep

Which are transferable

Whose price can be determined easily

All the above

It is the right of a customer to.

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Draw cheque

Receive pass book

Receive cheque book

All these

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

The parties involved in a gurantee are.

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Debtor

Creditor

Guarantor

All these

The types of credit instrument are.

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Four

Two

three

None of these

Endorsment of a cheque is always:

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Written

Oral

Written and registered

All of the above

Transfer of money from one palce to another place with the help of post office.

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Cheque

Draft

Money order

None of these

State Bank of Pakistan Act is.

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1956

1932

1962

1984

Central Bank provide the facility to Scheduled Banks.

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Rediscounting Bills

Clearing House

Transfer of Money

All the above

Normally bank does not pay intrest on

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Saving Account

Fixed Deposit Account

Current Account

B.B.A. Account

Grace days are given to debtors for payment.

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3 days

4 days

5 days

6 days

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

In moderan Banking introductory reference is not required in.

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Current account

Saving Account

B.B.A. Account

All these

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

In these days Banks are formed under companies ordinance.

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1962

1932

1984

1013

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