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

Orverdraft facility is not allowed to.

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Minor

Lunatic

Parda Nasheen woman

Both b and c

Who does accept the responsibility for repayment debt

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Guarantor

Personal security

Both a and b

None of the these

How many merits of debit card

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5

6

7

8

According to Sir John Paget, a bank is an institution which :

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Accepts the deposits of general public

Honours the cheques

Advances loan

All of the above

How many parties are involved in bank draft.

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Four

Three

Two

None of these

Stock certificates are issued by.

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Cental bank

Stock market

Limite Company

Partnership

Central bank provides the following facility to scheduled banks:

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Feast

Godown

Clearing house

None of the above

The quantitative methods of credit control are in nature.

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General

Selective

Optional

None of these

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

Qualitative methods of monetary policy donot include.

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Bank rate policy

Direct Actions

Publicity

Moral persuasion

Account suitable for salaried person.

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Fixed Deposit account

Current Account

Saving Account

Term Deposit Account

Written instrument by one bank to another bank.

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Bill of exchange

Draft

Bearer cheque

None of these

What is meant by margin requirement

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To advance loan less than the value of security

To give less amount as interest than the amount of loan

To advance more loan than the value of security

To advance loan equal to the value of security

The loan which can be demanded at any time are called

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Short term loans

Demand loans

Overdraft

All the above

Due to good Banking system which sector showed Rapid growth.

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Agriculture sector

Industiral sector

Banking Sector

All of these

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