Question # 1

Which is the quantitative method of credit control

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Change in reserve ratio

Change in margin requirement

Selective control

Publicity

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

Under which Section Scheduled Bank can open new branch.

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Section 38

Section 39

Section 40

Section 41

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

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1932

1925

1984

1911

Which bank is called the mother or central banks

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Reserve bank of India

Bank of England

State Bank of Pakistan

Bank of Venice

Central Bank provide the facility to Scheduled Banks.

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Rediscounting Bills

Clearing House

Transfer of Money

All the above

What is the purpose of monetary policy

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To control banking system

To control supply of money

To control foreign exchange

To control stock market

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

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Stock Exchange

World Bank

Central Bank

Scheduled bank

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

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Direct action

Moral persuation

Change in reserve ration

Open market operation

Scheduled Bank Can be registered under SBP Act.

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1956 Sec. 38 (1)

1957 Sec. 37 (1)

1956 Sec. 137 (1)

1956 Sec. 43(1)

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

The document acquire to convert non -scheduled into scheduled bank

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Prospectus

Debentures

By laws copy

Audited Annual Report

The external value of local currency is stablized through:

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Monetary policy

Increase in prices

Trade policy

All of the above

Which method or methods are prevailing in Pakistan for issuing notes

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Fixed Fiduciary System

Proportional Reserve System

Both a and b

None of the these

Central bank is owned by

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Public

Government

Commercial baks

All of the above

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

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