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The major types of accounts which can be maintained with banks to keep the deposits or surplus fund are.
The person who draws,s the bill of exchange is called
An instrument for payment issued by a bank on the request of its customer is calle
bill of exchange
A machine installed by the bank to dispense cash to customer is called
The person or entity whose insurance is being done is called
an order to pay money drawn by one branch of a bank upon another branch of the same bank for an amount of money payable to or order of payee or on demand is called
none of these
For withdrawal of large amount from saving account, a prior notice is required from
1 to 7 days
7 to 15 days
15 to 20 days
without any notice
The person to whom the payment is made
if borrows Rs 100,000 for 3 year at rate of 16% p.a. What is mark up to pay?
In Pakistan the current account can be opened with minimum amount of
Rs.100 to Rs.500
Rs.1000 to 5000
Rs.5000 to 10000
Both (b) and (c)
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