Question # 1

The Bank are called Scheduled Bank which are registered with the.

Choose an answer

Central Bank

world Bank

Bank of England

All the above

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Choose an answer

Rs. 05 million

Rs. 06 million

Rs. 10 Billion

Rs. 07 billion

Non -Scheduled bank menas a bank which is not registred with.

Choose an answer

Stock Exchange

World Bank

Central Bank

Scheduled bank

If credit money is controlled by the sale and purchase of government securities, it is called

Choose an answer

Direct action

Moral persuation

Change in reserve ration

Open market operation

Credit money in the country is controlled by

Choose an answer

Central bank

Commercial bank

Industrial bank

Agricultural bank

Participation term certificates are issued in place of.

Choose an answer

Shares

Debentures

NIT Units

All these

In the Presence of Clearing House Scheduled Banks keeps.

Choose an answer

Less Cash Reserve

More Cash Reserve

No cash reserve

Fixed cash reserved

Which principle is followed by central bank to issue currency notes

Choose an answer

Currency principle

Banking principle

Both principle

None of the above

Under which Section Scheduled Bank can open new branch.

Choose an answer

Section 38

Section 39

Section 40

Section 41

Non -Scheduled banks are formed under.

Choose an answer

Sole trader ship

Firm

Joint Stock Co.

Co-operative society Act

Central bank provides the following facility to scheduled banks:

Choose an answer

Feast

Godown

Clearing house

None of the above

Important functions of a central bank:

Choose an answer

To issue currency notes

To provide banking facilities to government

To advise commercial banks

All of the above

Non- Scheduled banks are formed under co-opeative society Act.

Choose an answer

1932

1925

1984

1911

What is the purpose of monetary policy

Choose an answer

To control banking system

To control supply of money

To control foreign exchange

To control stock market

When was the first central bank of sub-continent established:

Choose an answer

1635

1732

1835

1935

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer