12th Class Statistics MCQS
Commercial bank advises its customers on
All the above
Household matters
Political matters
Financial matters
Upper specie point is got by adding the delivery charges in following metal
Gold
Silver
Copper
Iron
Long term loan is advanced against the following security:
Non-material
All of the above
Personal
Material
Pay-in-slip is a written evidence of:
Transferring money
With draw money
Depositing money
All of the above
The change in demand and supply of foreign currency effects
Letter of credit
Exchange rate
Traveller’s L.C
None of these
Why does it necessary for a customer t sign the specimen signature card
To obtain new cheque book
To match with the signatures when cheque is presented for payment
To complete documentary requirements
To make exercise of signatures
Commercial bank creates credit
All of them
By discounting of bills
By advancing loans
By investment
Credit instrument drawn by one bank on another bank is called
Bills of exchange
Bank draft
Treasury bill
Cheque
Security is a powerful tool that ensure the repayment of:
Deposit
Debt
Interest
None of the above
When ADFC came into existence
1951
1970
1961
1965
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