Question # 1

Honoured cheuqe is a cheque which is

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Accepted by drawee for payment

Accepted by payee

Accepted by endorsee

All of the above

Alternation in cheque must be singed by.

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Payee

Debtor

Drawer

All of these

Quaid -e-Azam opened his bank account in.

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ABL

MCB

HBL

NBP

The quantitative methods of credit control are in nature.

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General

Selective

Optional

None of these

When was the "Bank of England" got the monopoly ovwe note issue:

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1728

1758

1768

1778

When cheque is cashed then its main foil is given to:

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Bank

Customer

Government

None of these

The amount in fixed deposit can be

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Deposited many times

Deposited only once

Withdrawn many times

None of the above

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

Written evidence of depositing money into bank.

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Cheque book

Pay in Slip

Pas Book

None of these

What is necessary to withdraw money through ATM.

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ATM card

PIN number

ATM terminal

All of these

Illiterate person provides to bank for his identification

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Birth certificate

Impression of thumb

Photograph

All the above

How many parties are involved in bank draft.

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Four

Three

Two

None of these

The money market in Pakistan

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Is developed

Is underdeveloped

Both a & b

Does not exist

Drawer and Drawee belongs to two diffrent cities.

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Inland bill

Short bill

Long bill

Foreign bill

Habib Bank Limited was formed on.

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1941

1931

1951

1961

Muslims commercial Bank was established on.

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1947

1948

1951

1949

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