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                | 41.  | 
Long term loans can be obtained in: |  
 
 
                
			 
				
					
				| A. | 
                 Stock market | 
				 				 B. | 
                 Money market | 
				  
				 
				 				 | C. | 
                 Capital market | 
				 				 D. | 
                 Exchange market | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option C  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 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 | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option B  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 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 | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option D  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 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 | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option C  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 45.  | 
Nationalisation of banks ws done in: |  
 
 
                
                    
                        
                        
                            Answer: Option A  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 46.  | 
National Bank of Pakistan is: |  
 
 
                
			 
				
					
				| A. | 
                 Industrial bank | 
				 				 B. | 
                 Commercial bank | 
				  
				 
				 				 | C. | 
                 Central bank | 
				 				 D. | 
                 Investment bank | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option B  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 47.  | 
Total number of branches of Pakistani banks is approximately: |  
 
 
                
                    
                        
                        
                            Answer: Option B  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 48.  | 
National Bank of Pakistan was established in: |  
 
 
                
                    
                        
                        
                            Answer: Option A  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 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 | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option A  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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                | 50.  | 
Pakistan has a banking system: |  
 
 
                
			 
				
					
				| A. | 
                 Developed | 
				 				 B. | 
                 Underdeveloped | 
				  
				 
				 				 | C. | 
                 Very unorganised | 
				 				 D. | 
                 (a) and (c) of above | 
				 				  
				 
				 				 
				  
                    
                        
                        
                            Answer: Option A  
                            Explanation:  
                                
                         
                     
                    
                    
                    
                    
                    
                    
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