12th Class Statistics MCQS
A person in whose favour the rights of bill are transferred is called
Endorsee
All of the above
Payee
Drawer
If credit money is controlled by the sale and purchase of government securities, it is called
Moral persuation
Direct action
Change in reserve ration
Open market operation
The important (basic) kinds of accounts opened in commercial banks are:
Two
countless
Three
Four
If the demand of any country’s currency increases then rate of exchange becomes
Both a and b
Favorable
None of these
Unfavorable
The Islamic ideology council presents its formal report for Islamic banking in
None of these
June, 1980
June, 1978
June, 1979
Bills of exchange is a written order which is always
All of the above
Conditional
Partially conditional
Unconditional
Which document indicates the authority and limitation of bank
Certificate of incorporation
Memorandum
Prospectus
Articles
Which bank does discount the bills of public
Commercial bank
Agricultural bank
Industrial bank
All of the above
Clubs, cooperative societies, and associations etc. are entitled as following concern
Partnership
Non-trading
All the above
Trading
A cheque which can be cashed by its holder
Order
Bearer
Crossed
Plain
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