Question # 1

Evolutionary history of early banks includes.

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Merechnats

Money Lenders

Gold smiths

All these

The advantages of E-Banking are.

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Time saving

No need to carry cash

Facility of BACS

All of these

Crossing makes the cheque

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Acceptable

Dishonour

Safe

None of these

Trade related Islamic modes of financing do not include

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Musharika

Mark up

Leasing

Hire-purchase

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

Non -Scheduled banks are formed under.

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Sole trader ship

Firm

Joint Stock Co.

Co-operative society Act

Head of any government institution can open account with a bank in the capacity of

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Consumer

Principal

Employee

None of the above

Modern central banking system started in

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18th Century

19th Century

20th Century

None of these

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

Quaid -e-Azam opened his bank account in.

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ABL

MCB

HBL

NBP

How many merits of debit card

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5

6

7

8

Which of the following functions is performed by commercial bank

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Issuance of currency notes

Credit creation

Rediscounting of bills

Preparation of monetary policy

Imperial Bank was established in:

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1921

1925

1932

1937

Quaid -e- Azam opened his bank account in.

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1940

1945

1957

1987

Cheque is always payable on.

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Phone call

At sight

After banking hour

On demand

Payment of sight bill is made on.

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Demad

Fixed period

Expiry

Presentation

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