Question # 1

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

when customer deposit his money in bank he become.

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Debtor

Bailer

Mortageger

Creditor

Which affairs of Banks are revealed by articles of Banks.

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Internal

External

Political

Financial

No minimum balance limit requried in.

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Current Account

Saving Account

Foreign Account

B.B.A Account

What is the example of Scheduled bank

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Habib bank Ltd.

Allied bank Ltd. in Pakistan

Both a and b

None of these

Short term monetary assets are also called as.

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Marketbale debt securities.

Near money

Short term monetary assets

All these

Which of the following is a limitation in credit creation.

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Initial deposit

Use of cheques

Use currency

all of these

Written instrument by one bank to another bank.

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Bill of exchange

Draft

Bearer cheque

None of these

Quality of good security includes.

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Easy salable

Disputed

Source of expense

All these

For commercial banks " Advancing loans' are.

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Assets

Liabilities

Expenses

All of these

If drawing of a cheque signs o its back for transferring the rights to another person is called

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Material change

Endorsement

Crossing

Acceptance

Account suitable for salaried person.

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Fixed Deposit account

Current Account

Saving Account

Term Deposit Account

Most of the experts agreed that the word "Bank" has been derived from the word.

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Banque

Banco

Bancus

Back

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

On every cheque bank gets

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Profit

Commission

Tax

Duty

What does IOU mean

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I am a debtor to you

I am a creditor to you

Both a and b

None of these

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