Page 68 - Office Practice and Accounting 10

EXERCISE

Answer the following questions in one sentence.

1. Which is the first central bank of the world?
2. What are the parties involved in a cheque?
3. Write the name of the central bank of Nepal.
4. What is the first commercial bank of Nepal?
5. What is crossed cheque?
6. Name any two accounts created by commercial bank to accept the deposit.
7. When was the first bank of Nepal, Nepal Bank Limited, established?
8. What was the capital of Nepal Rastra Bank at the time of its establishment.
9. Name any two types of cheque.

Give long answer to the following questions.

1. What is Central Bank? Explain its functions.
2. What is a commercial bank? Which is the first commercial bank of Nepal?
Explain its functions.
3. Introduce development bank. What are the types of development banks
operating in Nepal? Explain functions of development bank.
4. What do you mean by bank? What are the types of bank operating in Nepal?
Explain any eight functions of a bank.
5. What is insurance? What are its types? Explain the functions of insurance.
6. What is life insurance? Explain the types of life insurance.
7. Introduce Employees Provident Fund and explain the functions and roles of
central bank.
8. Introduce financial institution and explain its types.
9. What is meant by cheque? Explain the types of cheque and mention the causes
for dishonour of a cheque.
10. What is a bank? Explain the importance of bank.

One very short question of 1 mark and one long question of 10 marks will
be asked from this unit.

62 Office Practice and Accounting 10