Question # 1

How many benefits of economy

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2

3

4

5

Under Islamic modes of financing, lending includes

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Service charges

Qarze-Hasna

Both a and b

None of the above

IDB provides finance to

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All countries

Asian countries

Europian countries

Member Muslim Countries

Bank should advance loans to those people who are strong

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Financially

Domestically

Politically

All the above

It is necessary for scheduled bank to.

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Obey SBP

Submit report to SBP

Get the Book checked

All the above

The loan which is granted by by bank to account holder on temporary basis called

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Cash credit

Overdraft

Demand loan

None of the above

An account holder does not need to write a cheque to withdraw money from following account

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Saving account

Fixed deposit account

Current account

None of the above

Central Bank provide the facility to Scheduled Banks.

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Rediscounting Bills

Clearing House

Transfer of Money

All the above

State Bank of Pakistan Act is.

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1956

1932

1962

1984

Qualitative methods of monetary policy do not include:

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Direct actions

Publicity

Bank rate policy

Moral pursuation

The charge or price for the use of money is called

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Profit

Commission

Interest

Dividend

What is recieved by the post office on money order:

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Profit

Interest

Commision

All of the above

Cheque is a written order drawn on

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Endorsee

Bank

Customer

All of the above

Qarz-Hasna is available for the studies of

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Engineering

Agriculture

Commerce

All the above

Cheque book is not use in.

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Current Account

Foreign Currency Account

B.B.A account

Fixed deposited Account

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

When the State Bank of Pakistan came into existence

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1947

1948

1949

1970

For its customers a commercial bank sells and buys:

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Foreign exchange

Property

Securities

All of the above

In L.C. the other name of importer's bank is.

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Buyer bank

Opening bank

Issuing bank

All of these

Certain Percentage of Gold to issue currency notes.

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Fixed Fiduciary method

Proportionate Reserve

Min. Reserve system

None of these

^{The charger of commercial Bank is.}

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Momorandum

Articles

Prospectus

None of these

Running Finance is also known as.

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Saving Account

Current Account

Overdraft

Fixed Account

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