2nd Year Statistics MCQS Set 3

Bills of exchange is a negotiable instrument which contains

None of the above

Unconditional written order

Conditional written order

A written order

What was the capital of State bank of Pakistan at the time of establishment

300 millions

30 millions

300 billions

30 billions

Which document is demanded by central bank for the conversion of non-scheduled bank into scheduled bank

Certificate of incorporation

Prospectus of bank

Copy of bye-laws

Audited annual report of bank

When bank provides finance to its customer under an agreement of Modaraba, the customer becomes

Aamal

Consumer

None of the above

Zarib

Which of the following theories is associated with the working of international gold standard

All of the above

Balance of payments theory

Purchasing power theory

Mint par parity theory

Grace days are given to debtor for the patment of:

Bills of exchange

Cheque

Treasury bill

Promissory note

Commercial bank creates the following Money

All the above

Paper

Metallic

Credit

When was the “Bank of England” got the monopoly ovwe note issue:

1728

1758

1768

1778

The first central bank of indo-Pak

Reserve bank of India

Bank of Calcutta

Imperial bank

None of the above

Cheque signed by drawer without filling is called

Blank

Open

Traveller’s cheque

Plain