12th Class Statistics MCQS
Modern central banking system started in
19th Century
None of these
20th Century
18th Century
Why commercial banks keep a certain amount of money as reserve
Acquiring the satisfaction of having cash
Meeting the requirements of customers
Meeting the requirements of central bank
Expanding the banking business
Which Fiqah does allow the deduction of Zakat in the application form of account opening
Shia
Sunni
Hindu
None of the above
The word Bank has been derived from the German word
Back
Bancus
None of the above
Banco
Who was the founder of commercial bank
All of them
Goldsmiths
Money lenders
Merchants
The bills of exchange which is paid after the expiry of fixed period of time called
All of the above
Sight bill
Accommodation bill
Time bill
Security is a powerful tool that ensure tthe repayment of:
Interest
None of the above
Deposit
Dept
Treasury bill is a :
Debentures
Non-negotiable credit instrument
Shares
Negotiable credit instrument
The signature of the following is compulsory on B/E:
Both (B) and (C)
Bank
Drawer
Drawee
Which of the following rate keeps the balance of payments in equilibrium
Market rate
Discount rate
Exchange rate
Interest rate
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