| Q.1 |
Please write the alphabate
of selected choice in the answer column: (20) |
i |
When a Banker collects cheques for his customer
or make payment to insurance company on behalf of his customer,
the relationship is called:
A) Bailor & Bailee B)
Principal & Agent
C) Pawner & Pawnee D)
Mortgager & Mortgagee E)
None of the above |
ii |
When the customer pledges goods & documents
with the bank as security for an advance, the relationship is called:
A) Bailor & Bailee B)
Principal & Agent C)
Pawner & Pawnee
D) Mortgager & Mortgagee
E) None of the above |
iii |
When the advance is made against the security
of immovable asset, the relationship is called:
A) Bailor & Bailee B)
Principal & Agent
C) Pawner & Pawnee D)
Mortgager & Mortgagee E)
None of the above |
iv |
Which of the following is not subject to lien:
A) Cheques &
documents for collection
B) Share certificates purchased by
the bank for the customer
C) Articles or deposit left for safe custody
D) Securities left after adjustment of an
advance
E) None of the above |
v |
Which of the following is not a correct statement:
A) Debit balance
of a Trust account can be set-off against the credit balance of
trustee’s private account after
trustee is found to be personally liable.
B) Deposit account can be set off
against an overdraft account
C) Debit balance of a person can be set
off with the credit balance of the partnership firm where the same
person is
also a partner.
D) With the accounts of the same person
in two different branches of the same bank.
E) None of the above |
vi |
Which of the following is not true: Housing Finance
is provided for
A) Construction of house B)
Purchase of a constructed house C)
Purchase of plot
D) Purchase of commercial plot for Guest House
E) None of the above |
vii |
Auto finance facility in consumer financing can
be utilized for:
A) Purchase of car for personal use. B)
Purchase of Taxi for renting
C) Purchase of Bus under Govt. licence D)
None of the above |
viii |
As per SBP-Regulations Maximum allowable Debt-Equity
ratio for housing finance can be:
A) 85:15 B)
80:20 C)
90:10 D)
60:40
E) None of the above |
ix |
Total exposure under housing finance for a Bank
should not exceed -----------------% of it’s the net advances
A) 20% B)
10%
C) 30%
D) 40% E)
None of the above
|
x |
Personal Loans mean :
A) The loans to individuals
for the payment of goods, services and expenses
B) Running Finance facility to individuals
C) Running Finance Facility to sole
proprietorships
D) A& B above
E) None of the above |
xi |
The maximum tenure of the auto loan finance shall
not exceed:
A) 7 years B)
5 years C)
10 Years D)
3 years E)
None of the above |
xii |
The minimum down payment in Auto Loans is:
A) 10% B)
15% C)
20% D)
25% E)
None of the above |
xiii |
The last date for submission of attested CNICs
of the old Customers whose CNICs are not available with banks is
/was :
A) June 30, 2007 B)
December 2007 C) March 2007
D) Dec 2006 E)
None of the above |
xiv |
Housing Finance is provided for
A) Construction of house only
B) Purchase of a constructed house only
C) Purchase or construction of a house D)
None of the above
|
xv |
Bankers obtain salary certificate from the applicant
of a personal loan:
A) to verify his take-home salary B)
to verify his existing debt burden
C) to verify his provident fund balance D)
None of the above |
xvi |
Consumer Finance scheme has:
A) helped
people to improve their standard of living
B) increased profitability
of banks
C) encouraged people to live
beyond means.
D) None of the above |
xvii |
Before allowing any facility, the banks/DFIs
may obtain credit report from:
A) Consumer Credit
Information Bureau of SBP
B) The area police station where borrower
lives
C) The neighbours of the borrower
D) None of the above |
xviii |
When a cheque is crossed generally:
A) it can only
be collected through a bank
B) it can be encashed at the
bank’s counters
C) it can be purchased by a
bank
D) None of the above |
xix |
Basic purpose of an indorsement is:
A) to confirm the
identity of the payee
B) to transfer the title of the beneficiary
C) to stop encashment of a negotiable
instrument
D) None of the above |
xx |
Banks/DFIs shall not report overdue/default of
those borrowers/lessees to Credit Information Bureau (CIB) of State
Bank of Pakistan, whose vehicle financed/leased by them has been
stolen or snatched, provided the respective Bank/DFI is fully secured
to recover the entire outstanding amount from an insurance company
under a valid insurance policy.
Comment.
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