Q-Please encircle the most suitable answer

1) Collateral may not be in the form of:

a. Cash
b. Listed Shares
c. Unlisted Shares
d. GOP Securities

2) Tangible Movable Assets Include the following:

a. Stocks
b. Trade Receivable
c. Building
d. Deposits
3) Important Attributes of Tangible Securities are:
a. Marketability
b. Sensibility
c. Respectability
d. Understandability

4) Intangible Assets Include the following:

a. Stocks
b. Book Debts
c. Receivable
d. b and c

5) Hypothecation is a type of charge created / registered in bank’s favour to secure the finance
granted against:
a. Goods
b. Stocks
c. Raw Material
d. All of the above
6) In Hypothecation the Assets are :
a. In possession of the client
b. Pledge with the bank
c. a and b
d. None of the above

7) HNW stands for

a. High Net Worth
b. High Normal Worth
c. High Net World
d. None of the above
8) Pledge provides the bank:
a. With Actual possession of goods
b. Without Actual possession of goods
c. Hypo Charge on goods
d. All of the above

9) Banks should consider the following while pledging of stocks:

a. Location of Godowns
b. Conditions of Godowns
c. Display of Bank’s Name Plate
d. All of the above

10) Limited and Private Limited company’s Hypo charge to be registered with
a. Securities and Exchange Commission of Pakistan
b. Lahore Stock Exchange
c. Karachi Stock Exchange
d. All of the above

11) Following GOP securities cannot be pledge with the bank as Collateral:
a. Special Saving Certificates
b. Defence Saving Certificates
c. Behbood Certificates
d. All of the above

12) Equitable Mortgage means:

a. Original Title documents are in the bank’s possession
b. Original Title documents are in the customer’s possession
c. Original Title documents are in joint possession of customer and bank.
d. All of the above

13) Cross company guarantee is

a. Guarantee executed by one company in favor of any other company

b. Guarantee executed by companies in favor of one another with in group
c. None of the above
d. All of the above

14) For vacation of charge, which to be document to be filed in SECP:

a. Form-17
b. Form-10
 c. Form-16
d. No such document is required to be filed in SECP

15) RF Rs. 50.0M has been approved for Mr. Kamran against marking lien on account of Mr.
Mubashir, Agreement for finance to be signed by:

a. Mr. Kamran
b. Mr. Mubashir
c. Mr. Kamran and Mr. Mubashir
d. None of the above
16) Stock report for pledged stocks to be signed & delivered by
a. Bank Officer
b. Muccadam
c. Pledgor
d. All of the above
17) Constructive memorandum of deposit of title deed means:
a. Original documents are in possession of customer
b. Original document are in possession of lead bank
c. None of the above
d. All of the above
18) Search report means:
a. Detailed report showing all prior encumbrances over company’s assets
b. Its only for Public Ltd. companies
c. None of the above
d. All of the above

19) CF (Cash Finance) Rs. 50.0M has been approved with 25% margin over stocks, stock value
declared Rs. 80.0M, what DP you will allow:

a. Rs. 50.0M
b. Rs. 60.0M
c. Rs. 66.67M
20) In case of finance against DSC’s issued by Main Branch Karachi, lien to be recorded by:

a. National Saving Centre, Karachi Office

b. Main Branch Karachi
c. SECP
d. None of the above