(A) Export
(B) Import
(C) Local trade
(D) All of these
Answer: (A) Export
Certificate of origin is must for exporter. It is an international trade document. It is declaration from the exporter.
Author: MCQsLoader
What does over draft mean:
(A) Depositing more amount with the bank
(B) Writing a cheque of amount more than the balance in account
(C) To withdraw amount from the bank
(D) All of these
Answer: (B) Writing a cheque of amount more than the balance in account.
State bank of Pakistan was established in?
(A) 1947
(B) 1948
(C) 1949
(D) 1950
Answer: (B) 1948
State bank of Pakistan was established in 1948. The Headquarter of State bank is in Karachi.
What are the basic functions of a bank:
(A) Lending to the people
(B) Keeping the accounts of people
(C) paying and issuing cheques
(D) All of these
Answer: (D) All of these
Bank carries the business of:
(A) Give and Take
(B) Interest
(C) Money
(D) None of these
Answer: (C) Money
Bank carries the business of money.