Question # 1

A form of written agreement between bank and customer is

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Cheque book

Pass book

Application form for opening account

None of the above

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

Account Suitable for businessmen

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Saving account

Fixed Account

PLS account

Current Account

Parties involved in I.O.U

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Three

Four

Two

Five

Negotiable credit instruments does not includes.

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Cheque

ATM card

Draft

Promissory

Which bank account is exempted from income tax and zakat:

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Saving account

Fixed deposit

Foreign currency account

All of the above

The external value of local currency is stablized through:

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Monetary policy

Increase in prices

Trade policy

All of the above

Which instrument is not dealt at stock exchange

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Shares

Debentures

Both a and b

Bills of exchange

Which of the following is not an objective of central bank.

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Economic development

Helping Govt

Walfare of economy

Credit creation

A Joint Stock company opens the account in the bank.

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Saving Bank

Current Account

B.B.A. Account

Term Deposit Account

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

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Fixed

Revocable

Red clause

Green Clause

Which term is used in connection with monetary policy

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Bank rate

Exchange rate

Wage rate

Market rate

On every cheque bank gets.

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Tax

Profit

Duty

Commission

The demand for foreign exchange comes when.

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Purchases of foreign securites

Students go abroad

Goods are imported

All of these

According to registration , bank is divided into followings categories:

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Home and foreign bank

Central and commercial bank

Scheduled and non-scheduled bank

All of the above

The type of Foreign or international trade are.

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^Import

Export

Interport

All these

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