ASSIGNMENT No. 1
Q. 1 Discuss in detail the functions and credit control measures of State bank of Pakistan and Reserve
Bank of India. Also give comparison between both banks policies. (20)
Q. 2 Discuss the rights and obligations of banker and customer to each other in detail. (20)
Q. 3 What do you mean by accounts of special customers? How these accounts are opened by a bank?
Discuss the procedure of opening such accounts in detail. (20)
Q. 4 Discuss in detail the significance and use of deposits in banking system of
Q. 5 (a) “Mr. Hasan promises to pay Mr. Sajid Rs. 100,000 and all other sums which shall be due to
him.” Is it a promissory note? State reasons. (10)
(b) Differentiate between the features of bill of exchange and promissory note.