Principles of Banking I Com Part 2 MCQS Set 5

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Principles of Banking I Com Part 2 MCQS


Who did print the cheque in specific form for the first time or firstly:
Bank of England
None of the above
State Bank of Pakistan
Imperial Bank

Drawee of the bank draft is a
Bank on which the draft is drawn
Payee of draft
Sender of amount by draft
Bank which issues a draft

Which is the quantitative method of credit control
Change in margin requirement
Selective control
Publicity
Change in reserve ratio

The loans obtained for meeting the administrative expenses and purchase of raw material are:
All of the above
Medium Term lonas
Long Term lonas
Short term loans

The following bank can open its branch in foreign country
None of the these
Non-scheduled bank
Scheduled bank
Both a and b

What is recieved by the post office on money order:
Commision
Profit
All of the above
Interest

bank is the developed form of
The business of goldsmiths
The business of moneylenders
None of the above
The business of merchants

What % of shares of IDBP was held by the Govt. at the time of its establishment:
55%
50%
49%
51%

Who started the use of bank draft:
Goldsmiths
Merchants
Kings
Money lenders

A pass book is issued to:
Saving accountholder
Current accountholder
None of the above
Both A and B

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