Question # 1

Normally bank does not pay intrest on

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Saving Account

Fixed Deposit Account

Current Account

B.B.A. Account

For commercial banks deposits are.

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Assets

Liabilities

Income

Expense

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

Money market is market of loans for.

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Long term

Short term

Medium term

None of these

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

If there is no gurantee to honour the L.C. It is called.

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Documentary L.C.

Revolving L.C.

Back to back L.C.

Unconfirmed L.C.

The main sources of bank's fund are

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Own capital

Deposits

Loan from other banks

All the above

Services provided by on line banking

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Depositing the money into the account

Withdrawal the money from bank

Transfer of money

All the above

If the demand of any country's currency increases then rate of exchange becomes

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Favorable

Unfavorable

Both a and b

None of these

What type of account is preferred by a businessman

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Saving account

Fixed deposits

Current account

Foreign currency account

Teh value of security should be more than.

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Market value

Cost value

Amount of loan

None of these

Negotiable credit instruments does not includes.

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Cheque

ATM card

Draft

Promissory

If Central Bank wants to decreae the quantity of money in country it

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Sells Securities

Purchase Securities

Create Credit

All the above

The word Bank has been derived from the German word

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Back

Bancus

Banco

None of the above

Crossing which contains the name of a particular bank is called

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Regular crossing

Irregular crossing

General crossing

Special crossing

A pass book is issued to:

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Current accountholder

Saving accountholder

Both A & B

None of the above

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