Question # 1

Account Suitable for business woman

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Current Account

Saving account

Fixed deposited account

All these

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

Which method is mostly used in making foreign payment

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Foreign bills of exchange

By post

By telegraph

None of these

Amount with drawn from Bank without using cheque.

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ID Card

VISA card

ATM and Debit Card

Credit Card

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

Stock certificates are issued by.

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Cental bank

Stock market

Limite Company

Partnership

Decrease in the value of home currency as compare to foreign currency.

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Inflation

Devalution

Deflation

All these

When customer deposits his money in a bank, he becomes

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Mortgagee

Creditor

Debtor

None of the above

Negotiable credit instrument do not include.

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Bank draft

Cheque

Postal orders

Treasury bill

In Pakistan before 1974 commercial Banks were formed under.

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Co's act 1932

Co's Act 1913

Co's Act 1984

None of these

Whihc of the following is the most elastic method for issuing notes.

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Fix fiduciary system

Minium Reserve system

Proportional Reserve system

None of these

How many merits of debit card

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5

6

7

8

Which is the secondary function of a commercial bank.

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Accepting deposits

Advancing loans

Collection of cheques

all of these

Beginning of Bank draft by

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Kings

Money lenders

Merchants

gold smith

In case of bank draft the drawer is.

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Debtor

Creditor

Bank

Account holder

The draft which is drawn and paid in two different countries.

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Inland draft

Ordered draft

Foreign draft

Home draft

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