Banks are required to use ________ for setting price of agricultural loan.

• A) Islamabad inter-bank Offered Rate
• B) National inter-bank Offered Rate
• C) Karachi inter-bank Offered Rate
• D) Lahore inter-bank Offered Rate

The range of cost of leasing for a Pakistani lessee is:

• A) 15-30%
• B) 10-18%
• C) 20-25%
• D) 40-50%

Loans provided for the processing, packaging and marketing of agricultural products would come under ___________.

• A) Agricultural financing
• B) None of given options
• C) Non business loans
• D) Commercial or SME financing

Sale and lease back transactions are the _____ source of funds.

• A) Instant
• B) None of the given options
• C) Temporary
• D) Long term

Loans provided for purchase of land, tractors or agriculture machinery to farmers will come under ___________.

• A) Short term loans
• B) Business loans
• C) Long term loans
• D) None of the given options

Non- life insurance covers a period of:

• A) 5 years
• B) 7 years
• C) 3 years
• D) 1 year

The situation where the combined ratio is less than 100% is called:

• A) Profitability
• B) Neutral
• C) Loss
• D) Liquidity

The factor used to determine the amount called a premium is known as:

• A) Discounting rate
• B) Insurance rate
• C) Bank rate
• D) Liquidity rate

Which of the following type of loans are NOT provided by the banks to the farmers?

• A) Life time
• B) Medium-term
• C) Short-term
• D) Long-term

The difference between gambling & insurance can be described as:

• A) Insurance transactions do not present the possibility of gain
• B) In insurance all costs are covered so it is risk free
• C) Gambling transactions do not present the possibility of gain
• D) In gambling all costs are covered so it is risk free

Which of the following is known as the insurance against accidental physical damage to equipment or machinery?

• A) Credit
• B) Business
• C) Boiler
• D) Casualty

Loans provided for working capital of agricultural purposes will come under ___________.

• A) None of the given options
• B) Business loans
• C) Long term loans
• D) Short term loans

In Islam which form of the lending is permitted?

• A) Shares based lending
• B) Interest based financing
• C) Asset based lending
• D) Equity based lending

For the damage of a car we can take --------------- insurance.

• A) Auto
• B) Aviation
• C) Business
• D) Property

Lease payments are considered as:

• A) Revenue
• B) Expense
• C) Profit
• D) Asset

Damage or any loss to a property during construction is called:

• A) Retrospectively Rated Insurance
• B) Builder's risk insurance
• C) Pollution Insurance
• D) Social insurance

Revolving credit scheme was introduced in which of the following year?

• A) 2003
• B) 2005
• C) 2000
• D) 2001

Which of the following is NOT the bank who has been assigned the indicative targets of agricultural credit scheme?

• A) NIB
• B) UBL
• C) NBP
• D) MCB

Short term loans for the agricultural sector are provided for _____ years.

• A) 2
• B) 2.5
• C) 1.5
• D) 1

Another name of the boiler insurance is:

• A) Aviation insurance
• B) Business insurance
• C) Liability insurance
• D) Equipment breakdown