1. When a commercial bank creates credit, its immediate effect is that it raises?

2. In the balance sheet of a company, the items goodwill, patents and trade marks are shown under the heading:

3. After debentures are redeemed, the balance in the sinking fund account is transferred to:

4. A bank has Rs. 5 million in cash. The minimum reserve ratio is 20%. What is maximum potential increase in total deposits?

5. Total number of bank branches in Pakistan is?

6. The excess of purchase price over net assets is:

7. When a commercial bank creates credit, it immediately raises?

8. The following is not a bank liability?

9. When shares are forfeited, the share capital account is debited by:

10. Demand deposits mean?

11. Which is the source of interest for a bank?

12. To the extent redemption of preference shares takes place out of profits, an equal amount has to be transferred to:

13. Premium on redemption of debentures is accounted for in the:

14. Divisible profits do not include:

15. Commercial banks are able to create money by?

16. Which is a function of a commercial bank?

17. The profit on re-issuing forfeited shares is transferred to:

18. The share application account is a:

19. An asset is liquid when it is?

20. A preliminary expense is a: