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

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

3. Divisible profits do not include:

4. Which is a function of a commercial bank?

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

6. The following is not a bank liability?

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

8. The share application account is a:

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

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

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

12. Total number of bank branches in Pakistan is?

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

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

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

16. A preliminary expense is a:

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

18. Demand deposits mean?

19. An asset is liquid when it is?

20. Commercial banks are able to create money by?