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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
Pakistan. (20) 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. (10)