Question # 1

PTC are issued in place of

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Shares

Debentures

Bonds

None of these

Commercial bank creates the following Money

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Metallic

Credit

Paper

All the above

When were the Pakistani banks nationalized:

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1974

1984

1990

1994

A form of written agreement between the customer and his bank is.

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Cheque book

Bank Statement

A/c opening form

Pass book

A good security is one which is.

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Perishable

Marketable

Disputed

All the above

The word credit has been derived from a latin word.

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Credo

Credere

Creditor

None of these

The loans which can be demanded back by bank at any time are.

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Short term loans

Medium Tem loans

Long term loans

Demand loans

The first central bank of indo-Pak

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Bank of Calcutta

Imperial bank

Reserve bank of India

None of the above

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

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Prospectus of bank

Copy of bye-laws

Audited annual report of bank

Certificate of incorporation

Pay Order is issued by the bank when the debtor and creditor belongs to.

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Two different cities

With in same city

Two different counties

All these

Deposits create

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Inflation

Loan

Monopoly

All the above

In Paksitan BEL, NIT and ICP are credit institutions.

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Unorganized

Specialized

Non specialized

All these

The document which reveals the ownership of goods kept on port.

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Bill of lading

Dock warrant

Railway recipt

Deliery order

The products of E-Banking are.

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ATM cards

Credit cards

Debt cards

All of these

The bank of charges interest on.

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Deposits

Overdraft

Running finace

Both b and c

Negotiable credit instrument do not include.

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Bank draft

Cheque

Postal orders

Treasury bill

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