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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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Negotiable Instruments
What is written on the leaf of a cheque about customer
Telephone number
Account number
Name
Address
Author:
rikazzz
Comment
Commercial Banks
What kind of power does commercial bank possess regarding credit creation
All the above are possible
No power
Limited power
Unlimited power
Author:
rikazzz
Comment
Bank Accounts
Rate of interest in case of fixed deposit is
Low
High
None of the above
Both
Author:
rikazzz
Comment
Central Bank
Important function of a central bank
To issue currency notes
To advise commercial banks
All the above
To provide banking facilities to government
Author:
rikazzz
Comment
Negotiable Instruments
Endorsement of a cheque is always
Written and registered
Written
Oral
All of the above
Author:
rikazzz
Comment
Central Bank
Which method or methods are prevailing in Pakistan for issuing notes
Proportional reserve system
Both a and b
Fixed fiduciary system
None of the above
Author:
rikazzz
Comment
Beginning and Evolution of Bank
The document which the people are invited to buy the shares of bank is called
Memorandum of back
Articles of bank
Certificate of incorporation
Prospectus of bank
Author:
rikazzz
Comment
Scheduled and Non-Scheduled Banks
Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank
Copy of bye-laws
Prospectus of bank
Certificate of incorporation
Audited annual report of bank
Author:
rikazzz
Comment
Commercial Banks
Which account is suitable for salaried and low income persons
Current account
Saving account
Fixed account
All the above
Author:
rikazzz
Comment
Beginning and Evolution of Bank
Who started the use of bank draft
Kings
Merchants
Monat lenders
Goldsmits
Author:
rikazzz
Comment
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