Question # 1

The types of local or home trade are.

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Regail trade

Wholescale trade

Interport

Both a and b

Due to good Banking system which sector showed Rapid growth.

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Agriculture sector

Industiral sector

Banking Sector

All of these

What is meant by margin requirement

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To advance loan less than the value of security

To give less amount as interest than the amount of loan

To advance more loan than the value of security

To advance loan equal to the value of security

Teh stock exchange markets in Pakistan are.

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Two

Three

Four

Five

Bank is asked to take care the property of his clinet is called.

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Bailee

Pawnee

Mortagagee

Trustee

Term dishonoring of cheque is used when

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Bank refuses to pay

Bank stops the payments

Bank delay the payments

Bank gives cheque to clearing house

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

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

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Reserve capital

Paid up capital

Autherized capital

Issued capital

Which method or methods are prevailing in Pakistan for issuing notes

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Fixed Fiduciary System

Proportional Reserve System

Both a and b

None of the these

The main purpose of commercial bank is.

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Walfare

Issue notes

Earn Profits

All these

Commercial bank is factory of creating credit.

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Crowther

Gilbert

Reynold

H.I .Heart

The other name of credit woucher is.

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Credit note

Cash credit

pay in slip

Debit note

In case of inflation in the country, the rate of margin is:

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Increased

Reduced

Waived

All of the above

The important types of banker's letter of credit:

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Two

Three

Four

None of these

Endorsment of a cheque is always:

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Written

Oral

Written and registered

All of the above

State Bank of Pakistan was established on.

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Tuesday Ist July 1948

Wednesday Is July 1948

Thursday Ist July 1948

Friday Ist July 1948

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