1. . The bank is an institute that deals with
(A) Gold
(B) Money
(C) Barter
(D) None
2. . Commercial bank issues loan
(A) Govt.
(B) Public
(C) Other bank
(D) None
3. . Which bank issues notes?
(A) Scheduled
(B) Commercial
(C) Central bank
(D) PIDC
4. . Bank is an institution, which transacts
(A) Credit creation
(B) Money
(C) Deposits
(D) None
5. . Commercial bank is an agent of
(A) Govt.
(B) Account holder
(C) Public
(D) All
6. . The purpose of central bank is
(A) Welfare of People
(B) To earn profit
(C) To earn interest
(D) None
7. . Which bank is not bound to follow the instruction of SBP?
(A) Scheduled bank
(B) Commercial bank
(C) Non scheduled bank
(D) IDBP
8. . The bank that provides services of clearing house.
(A) NBP
(B) BOP
(C) ADBP
(D) Central bank
9. . The bank does not pay interest on ----------- Ac.
(A) Saving
(B) Current
(C) Fixed
(D) a & b