12th Class Statistics MCQS
E-Banking provides benefits to the following
Accountholder
Banker
Economy
All of them
An account holder does not need to write a cheque to withdraw money from following account
Saving account
Fixed deposit account
Current account
None of the above
Honoured cheuqe is a cheque which is
Accepted by drawee for payment
Accepted by endorsee
All of the above
Accepted by payee
What is written on the leaf of a cheque about customer
Name
Account number
Telephone number
Address
What does IOU mean
I am a creditor to you
I am a debtor to you
None of these
Both a and b
The amount (capital) recieved by bank after issuing shares is called:
Authorized capital
Reserve capital
Issued capital
Paid up capital
How many features of good money market
17
15
20
12
The rate of exchange determined by two countries following non-convertible paper currency system is a point where
The purchasing power of currency is different
The purchasing power of currency is zero
The purchasing power of currency is same
None of the above
Term dishonoring of cheque is used when
Bank refuses to pay
Bank gives cheque to clearing house
Bank delay the payments
Bank stops the payments
Which bank was formed under the royal order
Bank of Barcelona
Chartered bank of England
State Bank of Pakistan
Bank of Venice
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