Explanation

• Spell Check: Checks spelling & grammar errors; suggests corrections (F7 or Editor tool).

Additional information:

• Track Changes: Marks edits made in a document.
• Thesaurus: Provides synonyms and antonyms.
• Word Count: Counts words, characters, and pages.

Last verified on 15-02-2026

Explanation

• Maturity date is the day when the bond issuer must repay the principal amount.
• Interest is paid periodically, but principal is returned on maturity.
• Determines the investment horizon for bondholders.
• Important in financial planning and fixed-income investments.

Last verified on 15-02-2026

Explanation

• Debt-to-Equity ratio measures a company’s financial leverage.
• High ratio means the company depends more on borrowed money than its own capital.
• Indicates higher financial risk due to obligations to lenders.
• Helps investors and creditors assess company stability.

Last verified on 15-02-2026

Explanation

• Verisys is a tool provided by NADRA to verify CNICs.
• Ensures the identity of individuals and prevents fraud.
• Used by banks, government departments, and businesses.
• Helps in KYC (Know Your Customer) compliance.

Last verified on 15-02-2026

Explanation

• A double crossed cheque combines features of a demand draft and a pay order.
• Can only be deposited into a bank account, not cashed directly.
• Provides higher security for fund transfers.
• Used for safe and guaranteed payments.

Last verified on 15-02-2026

Explanation

• A special crossing mentions a specific bank between two parallel lines on the cheque.
• It directs the cheque to be deposited only through that bank.
• Provides additional security compared to a general crossing.
• Common in banking for controlled fund transfers.

Last verified on 15-02-2026

Explanation

• A crossed cheque has two parallel lines on it.
• Cannot be cashed over the counter; must be deposited into a bank account.
• Provides extra security against theft or misuse.
• Commonly used for safe transactions.

Last verified on 15-02-2026

Explanation

• A promissory note is a written, unconditional promise to pay a fixed amount.
• It can be payable on demand or at a specified future date.
• Used widely in banking, trade, and finance.

Last verified on 15-02-2026

Explanation

• A salary slip shows the regular income of an individual.
• It serves as proof of the source of funds for account opening.
• Required for compliance with banking and anti-money laundering rules.

Last verified on 15-02-2026

Explanation

• A letter of thanks is sent to show appreciation to the customer.
• Strengthens customer-bank relationship and trust.
• Focus is on courtesy and goodwill after account opening.

Last verified on 15-02-2026