Question # 1

What percentage of total assets a scheduled bank is bound to keep within the country

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60%

70%

80%

90%

The main sources of a bank funds are.

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Deposits

Bank own funds

Both a and b

None of these

Before opening account in bank, a married women is asked about her:

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Husband's name

Father's name

Mother's name

All of the above

Two transverse parallel lines on the face of cheque.

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Crossingof cheque

Dishnoring of cheque

Endorsed of cheque

Retirementof cheque

The draft which is drawn and paid in two different countries.

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Inland draft

Ordered draft

Foreign draft

Home draft

All information of pass book is filled by.

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Bank offcials

Payee

Drawer

Account Holder

The rate which keeps the balance of payment in equilibrium.

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Equilibrium rate

Foreign exchange rate

Currency Rate

Dollar rate

Parties involved in I.O.U

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Three

Four

Two

Five

Which letter of credit is issued for a single or particular transaction:

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Fixed

Revocable

Red clause

Green Clause

The nature of money market in Pakistan.

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Under developed

Developed

Dualistic nature

None of these

Why does it necessary for a customer t sign the specimen signature card

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To match with the signatures when cheque is presented for payment

To make exercise of signatures

To complete documentary requirements

To obtain new cheque book

The money sent through post office from one country to another

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Traveller's cheque

Bank draft

Letter of credit

International money order

For how many years the governor of State Bank of Pakistan is appointed:

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3 years

7 years

10 years

None of the above

Which of the following is not a right of a bank.

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Charge commission

Close account without notice

Charge interest on O/D

None of these

Which of the following is useful in facilitating trade relation between the businessmen of different countries

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Bank draft

Money order

Letter of credit

Stock certificate

The person who opens a bank account is called:

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Owner of bank

Customer of bank

Employee of bank

None of them

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