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CSS :: Bank System


41.  Long term loans can be obtained in:
A. Stock market B. Money market
C. Capital market D. Exchange market

42.  Functions of commercial bank are:
A. Issue currency, create deposit money and provide loans B. Accept deposit, create deposit money and provide loans
C. Accept deposit, provide loans, export goods D. Accept deposit, provide loans and control foreign exchange

43.  This is a difficulty of barter:
A. Lack of double coincidence of wants B. Difficulty to use larger scale in production
C. Lack of divisibility of many goods D. All of the above

44.  Velocity of circulation of money means:
A. Total demand for money B. Total supply of money
C. The average number of times a unit of money changes hands D. Annual increase in currency notes

45.  Nationalisation of banks ws done in:
A. 1974 B. 1976
C. 1978 D. 1980

46.  National Bank of Pakistan is:
A. Industrial bank B. Commercial bank
C. Central bank D. Investment bank

47.  Total number of branches of Pakistani banks is approximately:
A. 3000 B. 9000
C. 15000 D. 21500

48.  National Bank of Pakistan was established in:
A. 1949 B. 1959
C. 1969 D. 1970

49.  The bank established for loans to very small enterprises is called:
A. Micro Finance Bank B. Modarba Bank
C. SME Bank D. First Mini Bank

50.  Pakistan has a banking system:
A. Developed B. Underdeveloped
C. Very unorganised D. (a) and (c) of above




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