Question # 1

List of Directors is required at the stage of.

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Registration

Incorporation

Promotion

Commencement

Cheque is always payable on.

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Phone call

At sight

After banking hour

On demand

The relation ship between Cash Reserve and credit creation is.

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No relationship

Direct

Inverse

One way

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

Drawee of bank draft is.

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Creditor

Debtor

Issuing bank

Paying bank

A bill which can be rediscounted from central bank

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Sight bill

Time bill

Both a and b

None of these

Non- Scheduled banks are formed under co-opeative society Act.

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1932

1925

1984

1911

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

Which of the following functions is performed by commercial bank

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Issuance of currency notes

Credit creation

Rediscounting of bills

Preparation of monetary policy

On which account a bank does not pay interest

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Saving account

Fixed deposits

Current account

All of the above

the nature of relations between banker and customers is.

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Bailer and Bailee

Agent and principal

Debtor and creditor

All the above

Inland sight bill of exchange is usually used in.

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Domestic trade

Inter port trade

Foreign trade

None of these

For selling shares Bank issues

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Tickets

Prospectus

Certificate

Tokens

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

PICIC was established as

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Private company

Limited company

Partnership

None of the above

The types of credit instrument are.

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Four

Two

three

None of these

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