Principles of Banking I Com Part 2 MCQS
Which of the following institution was working before the establishment of ADBP
Agricultural development finance corporation
Both a and b
Agricultural development bank
None of the above
Central bank bank supervises one of the following systems of a country:
None of the above
Provincial
Economical and financial
Political
What is meant by the principle of diversity regarding issuance of loan
Lending to different businesses or individuals
Lending against some material security
Lending in terms of sure repayment
Lending only to those who can repay the debt at short notice
Bank pays money at its counter for:
Order cheque
Crossed cheque
Bearer cheque
Both (A) and (B)
When was the process of Islamization of banking started in Pakistan
1977
1982
1980
1982
Which of the following theories is associated with the working of international gold standard
Balance of payments theory
Purchasing power theory
Mint par parity theory
All of the above
Scheduled banks means a bank which is registered with
Central bank
All of the above
World bank
Stock exchange
Commercial letter of credit is issued for the facilty of:
Businessmen
Alll of the above
Common people
Ambassadors
Pakistan’s central bank was established in:
1950
1948
1949
1947
What is the purpose of using credit card
To win the prized from banks
To invest the saving
To travel abroad
To purchases goods and services
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