| 1 |
What is the objective of clearing house |
- A. To control credit money
- B. To clear the transactions of different banks
- C. Training of banking staff
- D. Re-discounting of bills
|
| 2 |
Under which Section Scheduled Bank can open new branch. |
- A. Section 38
- B. Section 39
- C. Section 40
- D. Section 41
|
| 3 |
What are the objectives of monetary policy |
- A. Stability in price
- B. Exchange stability
- C. Stability in capital market
- D. All of the above
|
| 4 |
Non -Scheduled banks are formed under. |
- A. Sole trader ship
- B. Firm
- C. Joint Stock Co.
- D. Co-operative society Act
|
| 5 |
Which method or methods are prevailing in Pakistan for issuing notes |
- A. Fixed Fiduciary System
- B. Proportional Reserve System
- C. Both a and b
- D. None of the these
|
| 6 |
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be. |
- A. Rs. 05 million
- B. Rs. 06 million
- C. Rs. 10 Billion
- D. Rs. 07 billion
|
| 7 |
The external value of local currency is stablized through: |
- A. Monetary policy
- B. Increase in prices
- C. Trade policy
- D. All of the above
|
| 8 |
In the Presence of Clearing House Scheduled Banks keeps. |
- A. Less Cash Reserve
- B. More Cash Reserve
- C. No cash reserve
- D. Fixed cash reserved
|
| 9 |
Central bank bank supervises one of the following systems of a country: |
- A. Provincial
- B. Political
- C. Economical and financial
- D. None of the above
|
| 10 |
Ribs Bank of Sweden became central bank in: |
- A. 1568
- B. 1668
- C. 1768
- D. None of the above
|
