Question # 1

The capital of stat bank of the time of establishment was.

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Rs. 30 millions

Rs. 450 milliions

Rs.300 millions

Rs. 30 billions

Cash reserve of commercial Banks includes.

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Cash in hand

Cash with SBP

Balance with other banks

All the above

Which principle is followed by central bank to issue currency notes

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Currency principle

Banking principle

Both principle

None of the above

Which of the following institution was converted into IDBP:

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Pakistan industrial finance corporation

Pakistan investment corporation

Industrial bank

Pakistan industrial and credit investment corporation

Process of credit creation by

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Central bank

Commercial banks

Both of these

None of these

Cheque is a credit instrument.

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Partial negotiable

Negotiable

Non negotiable

None of these

Certain Percentage of Gold to issue currency notes.

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Fixed Fiduciary method

Proportionate Reserve

Min. Reserve system

None of these

What percentage of total assets a scheduled bank is bound to keep within the country

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60%

70%

80%

90%

Manage the internal affairs of Bank.

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Prospectus

Memorandum

Articles

All of these

An account holder does not need to write a cheque to withdraw money from following account

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Saving account

Fixed deposit account

Current account

None of the above

The leader of money and capital market in Pakistan.

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Government

Cental Bank

Commercial Banks

None of these

Payee has no give his identification to bank for receiving the amount of:

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Bearer cheque

Order cheque

Blank cheque

Crossedcheque

Margin means the difference between amount of loan and.

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Value of overdraft

Market value

Value of security

None of these

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

In L.C. the other name of importer's bank is.

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Buyer bank

Opening bank

Issuing bank

All of these

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

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