Question # 1

Qualitative methods are control over.

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Currency

Govt

Banks

Public

Credit money in the country is controlled by

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Central bank

Commercial bank

Industrial bank

Agricultural bank

In Pakistan, the interest free modes of financing have been divided into

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Two groups

Three groups

Four groups

None of these

Endorser of promissory note is a :

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Person who promises to pay

Person who receives the amount of note

Person in whose favour the rights are transferred

Person who trasfers the rights of note

Which bank account continues after the with drawal of total amount:

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Current saving

Fixed deposit

Saving account

All of the above

What is the major reason of Pakistan's unorganized money market

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Lack of cooperation among financial institutions

Absence of democracy

Issuance of loan on political basis

All the above

The rate at which commercial banks and centrla bank buys and sells foreign currency.

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Bank Rate

Inter Bank rate

Intrest rate

Discount rate

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

What is meant by hypothecation

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To hand over the goods or documents of title to goods by a customer to the bank as a security against a debt

To hand over the documents of property by a customer until the repayment of debt

A type of security in which neither the ownership nor the possession passes to the bank

A receipt of loan which shows that money has been borrowed against an immovable property as a security

When was ADBP established

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1957

1961

1963

1965

Can open new branch without the consent of Centrla Branch.

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Scheduled Bank

State Bank of Pakistan

Non -Scheduled Bank

Bank of England

Maintenance of minimum balance is not required in

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Current account

Basic banking account

Saving account

None of these

The number of financial institutions in money is

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Limited

Fixed

Unlimited

All are possible

Clubs, cooperative societies, and associations etc. are entitled as following concern

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Partnership

Non-trading

Trading

All the above

Which of the following is not use to E-Banking .

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ATM card

Credit card

Cheque

Debit cards

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

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Inflation

Devalution

Deflation

All these

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