Question # 1

Heart of Financial Structure.

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Commercial bank

Central bank

Consortium Banks

All these

Account example from Zakat and Tax

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B.B.A. Account

Current account

Foreign Currency Account

None of these

How many benefits of bankers

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4

5

6

7

Endorsee of cheque is a person

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Who receives the amount of cheque

In whose favour the rights of cheque are transferred

On whom the cheque is drawn

Who draws a cheque

Which of the following Account willbe non -remuneratation account.

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Current account

Saving Account

Fixed Deposit account

B.B.A. Account

The documents which present a summary and balance of accounts of an A/C holder in bank.

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Balance sheet

Pass book

Prospectus

Bank Staement

When was Islamic Banking System introduced in Pakistan:

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1970

1972

1981

1982

The part of deposits kept with the central bank is called:

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Cash reserve

Margin

Interest rate

All of the above

Payment of sight bill is made on.

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Demad

Fixed period

Expiry

Presentation

When did the National Bank start its functions as the agent of SBP:

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1949

1950

1951

1952

What is the nature of credit instrument IOU

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An autograph

A monograph

A holograph

A sonograph

The name of the person is written on cheque as:

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Drawer

Drawee

Payee

None of these

The Lady Phd.Governors of State Bank of Paksitan inclued.

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M. Yaqoob

Ishrat Hussain

Shamshad Akhtar

All of these

Decreas in cash reserve ratio of scheduled Banks.

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No effect

Decrease in credit creation

Increase in credit creation

Stope credit creation

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

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Less cash reserve

Less margin rate

More cash reserve

None of the above

Bank of England was established in.

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1494

1694

1920

1668

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