Principles of Banking I Com Part 2 MCQS
Which bank does keep the precious articles of public into its custody
Central bank
Industrial bank
Commercial bank
None of these
Amount of crossed cheque is recieved:
From bank’s counter
None of the above
From bank’s manager
Issueing new cheque
Cheque is a written order drawn on
Endorsee
All of the above
Bank
Customer
What are the objectives of monetary policy
All of them
Exchange stability
Stability in capital market
Stability in price
Scheduled bank keeps a certain amount of its deposits with central bank as
Subscribed capital
Bank rate
Authorized capital
Reserve capital
The money market in Pakistan
Is developed
Is underdeveloped
Does not exist
Both a and b
Long term loan is advanced against the following security:
Non-material
Personal
All of the above
Material
Trade related Islamic modes of financing do not include
Hire-purchase
Leasing
Musharika
Mark up
When was the “Bank of Venice” established:
1187
1127
1157
1147
When customer deposits his money in a bank, he becomes
Creditor
Debtor
None of the above
Mortgagee
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