Question # 1

Long term is advanced against the following security:

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Non-material

Material

Personal

All of the above

Letter of credit is opened by.

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Importer 's bank

Exporter's bank

Wholse seller

None of these

The exchange of one country's currency for another foreign currency.

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Exchange Rate

Money change

Foreign exchange

None of these

What is the nature of credit instrument IOU

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An autograph

A monograph

A holograph

A sonograph

The amount (capital) recieved by bank after issuing shares is called:

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Reserve capital

Paid up capital

Autherized capital

Issued capital

Honoured cheuqe is a cheque which is

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Accepted by drawee for payment

Accepted by payee

Accepted by endorsee

All of the above

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

Which bank does accept the deposits from public

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Commercial bank

Central bank

Foreign exchange bank

All the above

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

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12th

13th

14th

15th

Evolutionary history of early banks includes.

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Merechnats

Money Lenders

Gold smiths

All these

Bill in which drawer belonging to two different countries:

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Inland bill

Foreign bill

Accommodation bill

None of the above

If an old joint stock company opens the account then a bank demands for last few years:

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Balance sheet

Annual report

Both (a) & (b)

None of the above

Which affairs of Banks are revealed by articles of Banks.

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Internal

External

Political

Financial

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

Which is appointed by govt. to certify the negotiable instrument:

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Private attorney

Public attorney

Notary public

Giazetted Officer

Promissory note drawn by two or more persons is called

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Individual promissory note

Joint promissory note

Foreign promissory note

All of the above

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