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Beginning and Evolution of Bank
29
Commercial Banks
30
E-Banking
6
Central Bank
28
Scheduled and Non-Scheduled Banks
12
Bank Accounts
24
Negotiable Instruments
44
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Commercial Banks
Commercial bank creates credit
By discounting of bills
By advancing loans
By investment
All of the above
Discounting of Bills: Provides immediate funds to bill holders, increasing the money supply. Advancing Loans: Increases the money supply by creating new deposits when loans are disbursed. Investment: Infuses funds into the economy by purchasing securities, thereby creating credit. Each of these activities contributes to the overall creation of credit in the financial system, which in turn supports economic growth and development.
Author:
rikazzz
Comment
Beginning and Evolution of Bank
Which bank was formed under the royal order
Back of Venice
State Bank of Pakistan
Bank of Barcelona
Chartered Bank of England
Author:
rikazzz
Comment
Negotiable Instruments
If drawer of a cheque signs on its back for transferring the rights to another person is called
Crossing
Material change
Endorsement
Acceptance
Author:
rikazzz
Comment
Negotiable Instruments
A person who writes the bill is called
Payee
Drawee
Drawer
Acceptor
Author:
rikazzz
Comment
Negotiable Instruments
Promissory note drawn by two or more persons is called
Joint promissory note
All of the above
Foreign promissory note
Individual promissory note
Author:
rikazzz
Comment
Commercial Banks
Which bank does accept the deposits from public
Central bank
Commercial bank
Foreign exchange bank
All the above
Author:
rikazzz
Comment
Commercial Banks
Which of the following is meant for presenting a summary and balance of accounts of bank customers
Balance sheet
Pass book
Prospectus
Bank statement
Author:
rikazzz
Comment
Bank Accounts
Pay-in-slip is a written evidence of
Depositing money
Withdrawing money
Transferring money
All of the above
Author:
rikazzz
Comment
Central Bank
The external value of local currency is stabilized through
All the above
Trade policy
Monetary policy
Increase in prices
Author:
rikazzz
Comment
Negotiable Instruments
Who did print the cheque in special form for the first time or firstly
State bank of Pakistan
Bank of England
None of the above
Imperial bank
Author:
rikazzz
Comment
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