Principles of Banking I Com Part 2 MCQS
What is the objective of clearing house
Training of banking staff
To control credit money
To clear the transactions of different banks
Re-discounting of bills
When were the Pakistani banks nationalized:
1984
1994
1974
1990
Where is the head office of ZTBL
Peshawar
Islamabad
Karachi
Lahore
The following is not used in E-Banking
Debit card
All the above
Credit card
Cheque
Cheque is a credit instrument which is
Negotiable
None of the above
Conditionally negotiable
Non negotiable
Which instrument is not dealt at stock exchange
Both a and b
Shares
Debentures
Bills of exchange
The currency unit of the capital of IDB is
Dollar
Riyal
None of these
Dinar
Credit money in the country is controlled by
Central bank
Agricultural bank
Commercial bank
Industrial bank
When did the National Bank start its functions as the agent of SBP:
1949
1950
1952
1951
IDB was opened on
Oct. 1977
None of these
Oct. 1973
Oct. 1975
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