Question # 1

Investiment trusts and finance houses.

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As open market

Money market

Capital market

None of these

What was the capital of State bank of Pakistan at the time of establishment

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30 millions

300 millions

30 billions

300 billions

When did the National Bank start its functions as the agent of SBP:

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1949

1950

1951

1952

Which of the following can be cancelled by the issuing bank without the consent of the other parties

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Revocable letter of credit

Irrevocable letter of credit

Revolving letter of credit

Unconditional letter of credit

The document which reveals the ownership of goods kept on port.

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Bill of lading

Dock warrant

Railway recipt

Deliery order

Who is the leader or supervisor of money market

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Government

Central bank

Commercial bank

Money lender

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

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Section 38

Section 33

Section 37

Section 40

Scheduled bank is registered under state bank of Pakistan Act

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1965

1956

1950

None of the above

If the quatity of money in circulation increases then this situation is called:

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Inflation

Deflation

Money market

All of the above

What is the purpose of monetary policy

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To control banking system

To control supply of money

To control foreign exchange

To control stock market

Cheque is a credit instrument.

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Partial negotiable

Negotiable

Non negotiable

None of these

The instruments which are used in foreign receipts and payments called.

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Letter of credit

Foreign debts

Foreign exchange

None of these

After 31st Decemebr 1965 Pakistan use

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Min. Reserve system

Fixed Fiduciary system

Proportional Reserve

None of these

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

Who can issue participation term certificates

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Firm

Company

Cooperative society

All the above

Pass Book is nto issued in.

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Saving Account

Fixed Deposit Account

BBA Account

Current Account

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