Question # 1

The nature of money market in Pakistan.

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Under developed

Developed

Dualistic nature

None of these

The person in whose favour the rights of recieving the amount of cheque transferred:

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Endorser

Payee

Endorsee

All of the above

Bank draft is a credit instrument.

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Negotiable

Non negotiable

Unreadable

None of these

What % of shares of IDBP was held by the Govt. at the time of its establishment:

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49%

50%

51%

55%

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

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Private attorney

Public attorney

Notary public

Giazetted Officer

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

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Inflation

Devalution

Deflation

All these

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

Running Finance is also known as.

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Saving Account

Current Account

Overdraft

Fixed Account

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

If there is no guarantee to honour a letter of credit then it is called:

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Confirmed letter of credit

Irrevocable letter of credit

Unconfirmed letter of credit

None of the above

Capital market does not deal in.

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Debentures

Treasury bills

Bonds

Shares

Negotiable instruments are defined by Act.

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1881

1857

1694

1935

When cheque is cashed then its main foil is given to:

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Bank

Customer

Government

None of these

Where is the head office of ZTBL

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Karachi

Lahore

Peshawar

Islamabad

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

Joint Stock Company can open only.

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Fixed deposited account

Saving account

B.B.A . Account

Current account

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