XII Banking

NOTE: Attempt any FIVE questions.

Q.1 (a) Define a Bank. (05)
Q.1 (b) Describe the evolution of modern banking system. (10)

Q.2 (a) List the primary and secondary functions of a commercial bank and describe the primary functions of a bank. (07)
Q.2 (b) Describe the functions of the State Bank of Pakistan. (08)

Q.3 (a) What is meant by Mortgage? (05)
Q.3 (b) Describe in detail the principles of the use of bank funds. (10)

Q.4 (a) List the different kinds of Credit Instruments. (05)
Q.4 (b) Define the bill of exchange and describe its kinds. (10)

Q.5 (a) Describe the advantages of a Clearing House. (07)
Q.5 (b) Describe the methods of credit control by a central bank. (08)

Q.6 (a) Define Endorsement and describe its kinds. (07)
Q.6 (b) What is a Bank Draft? Explain (08)

Q.7 (a) Describe the objectives of Exchange Control. (05)
Q.7 (b) What are the factors which affect the Rate of Exchange? (10)

Q.8 Write short notes on any Three of the following. (15)
i. Letter of Credit
ii. Bill of Lading
iii. Kinds of a Bank
iv. Foreign Remittances
v. Order Cheque and Bearer Cheque.

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