6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH...
Transcript of 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH...
![Page 1: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/1.jpg)
Winter-2018–MS-85 Page 1 of 16
Subjective Booklet Winter 2018
CANDIDATE DETAILS
Access Number
Roll Number
For Official Use Only
Serial Number
Subject
BRANCH BANKING
Candidate’s Name
Father’s Name
CNIC Number
Cell Number
I verify that my particulars given above are correct and I declare that I have read the INSTRUCTIONS printed in the examination booklet, and/ or given in the ISQ Examination Guidelines, violation of which would mean cancellation of my paper and debarment from appearing in future examinations.
Candidate’s Signature
Invigilator’s Signature
![Page 2: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/2.jpg)
Winter-2018–MS-85 Page 2 of 16
THIS PAGE IS INTENTIONALLY LEFT BLANK
![Page 3: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/3.jpg)
Winter-2018–MS-85 Page 3 of 16
The Institute of Bankers Pakistan
ISQ Examinations Winter - 2018 Stage - I Branch Banking
Section 2 Subjective Questions Number of Questions: 7 Marks: 55
Allotted time : 120 minutes
SEAL BOOK HERE
![Page 4: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/4.jpg)
Winter-2018–MS-85 Page 4 of 16
INSTRUCTIONS FOR THE CANDIDATE 1. The candidate must abide by the ISQ Examination Guidelines sent along with the admit
card.
2. The candidate must sign the booklet after verifying the particulars and should NOT write
his/ her name or roll number etc. on any other page of the examination booklet.
3. The candidate is advised NOT to approach the invigilators for seeking any explanation
related to the questions in the examination paper.
4. Laptops, mobile phones or any other gadgets are NOT permitted in the examination hall.
ONLY non-programmable scientific calculator is allowed. If any candidate is found in
possession of any restricted gadgets or items, his/ her examination paper will be cancelled
immediately.
5. The candidate must ensure that the examination booklet has all the pages duly numbered. If
any page is missing, damaged or not numbered, then return the booklet to the
superintendent/ invigilator and obtain another booklet.
6. Write your answer ONLY in the given space for each question. Anything written outside
the given space will not be considered for marking.
7. ONLY blue or black ball points are to be used.
8. The candidate must attempt ALL questions in the paper.
Signatures: ____________ _____________ _____________ _____________ __________ 1. Marker - I 2. QC 3. Scrutinizer 4. Re-Scrutinizer 5. Marker – II
FOR OFFICIAL USE ONLY
Marks Obtained Q.1 Q.2 Q.3 Q.4 Q.5 Q.6 Q.7 Total
Marks Total in words
Marker – I
Q.C
Scrutiny
Re-Scrutiny
Marker– II
![Page 5: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/5.jpg)
Winter-2018–MS-85 Page 5 of 16
Identify and explain functions of a commercial bank in accordance with the Banking Companies Ordinance, 1962. (8 Marks)
![Page 6: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/6.jpg)
Winter-2018–MS-85 Page 6 of 16
Discuss the following in the light of PLS Savings Account offered by commercial banks: (8 Marks)
1. Zakat deduction 2. Minimum profit rates 3. Reason for change in minimum profit rates 4. Basis for calculation of profit
![Page 7: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/7.jpg)
Winter-2018–MS-85 Page 7 of 16
![Page 8: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/8.jpg)
Winter-2018–MS-85 Page 8 of 16
Discuss relationship between a banker and a customer with respect to the following along with examples: (6 Marks)
1. Principal and Agent 2. Bailor and Bailee 3. Debtor and Creditor
![Page 9: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/9.jpg)
Winter-2018–MS-85 Page 9 of 16
A. What is meant by appropriation of payment by a bank and which party has the first right to appropriate payments? (3 Marks)
B. Discuss the provision of Contract Act, 1872 relating to appropriation of payments. (7 Marks)
![Page 10: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/10.jpg)
Winter-2018–MS-85 Page 10 of 16
![Page 11: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/11.jpg)
Winter-2018–MS-85 Page 11 of 16
A. Define payment in due course. State the points the banker is required to ascertain that the cheque is complete and regular. (5 Marks)
![Page 12: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/12.jpg)
Winter-2018–MS-85 Page 12 of 16
B. Describe “Not Negotiable” crossing and narrate any two objectives of using Not Negotiable crossing. (4 Marks)
![Page 13: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/13.jpg)
Winter-2018–MS-85 Page 13 of 16
A. Briefly explain the term “branchless banking”. (2 Marks)
B. Suppose an account holder of your branch approaches you for issuance of a banker’s cheque in favor of an educational institute. State the relevant steps you will take for issuance of the banker’s cheque. (4 Marks)
![Page 14: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/14.jpg)
Winter-2018–MS-85 Page 14 of 16
C. Assuming, that the aforementioned banker’s cheque is received in clearing after a few days, outline the procedure you will adopt for encashment of the banker’s cheque. (3 Marks)
![Page 15: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/15.jpg)
Winter-2018–MS-85 Page 15 of 16
In the light of SBP Guidelines, highlight some major steps that a bank or DFI should take to combat counterfeit notes. (5 Marks)
XXX ---- END OF SECTION ---- XXX
![Page 16: 6XEMHFWLYH %RRNOHW &$1','$7( '(7$,/6...:LQWHU ±06 3DJH RI ,16758&7,216 )25 7+( &$1','$7( 7KH FDQGLGDWH PXVW DELGH E\ WKH ,64 ([DPLQDWLRQ *XLGHOLQHV VHQW DORQJ ZLWK WKH DGPLW FDUG](https://reader033.fdocuments.net/reader033/viewer/2022052020/6034086e9dbaea2afb1e85a3/html5/thumbnails/16.jpg)
Winter-2018–MS-85 Page 16 of 16
THIS PAGE IS INTENTIONALLY LEFT BLANK