Question # 1

The bill of exchange who's tenor is more than three month is.

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Sight bill of exchange

Foreign bill exchnage

Long bill exchange

Short billof exchange

For commercial banks " Advancing loans' are.

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Assets

Liabilities

Expenses

All of these

The term foreign exchange includes

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Bank draft

Letter of credit

Foreign B/E

All the above

The amount of money in the amount of account holder is called:

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Profit

Interest

Deposit

Loan

How many merits of credit card

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7

8

9

10

Under Islamic modes of financing, lending includes

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Service charges

Qarze-Hasna

Both a and b

None of the above

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

The banks under special ordinance are formed:

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By the president of any bank

By the president of world bank

By the president of a country

All of the above

According to registration , bank is divided into followings categories:

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Home and foreign bank

Central and commercial bank

Scheduled and non-scheduled bank

All of the above

Which of the following changes cause to change in foreign exchange rate

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Change in export and imports

Change in capital flow

Change in bank rate

All the above

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

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1949

1950

1951

1952

The name of the person is written on cheque as:

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Drawer

Drawee

Payee

None of these

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

The departments of State Bank of Pakistan includes.

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Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

If the exporter is not the receiver (beneficiary) of money then a letter of credit is called:

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Resolving

Back to Back

Transferable

None of the above

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

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