1 |
Which bank is called the mother or central banks |
- A. Reserve bank of India
- B. Bank of England
- C. State Bank of Pakistan
- D. Bank of Venice
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2 |
If credit money is controlled by the sale and purchase of government securities, it is called |
- A. Direct action
- B. Moral persuation
- C. Change in reserve ration
- D. Open market operation
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3 |
The transmission of following is stopped due to clearing house: |
- A. Credit money
- B. Metallic money
- C. Cash money
- D. All of the above
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4 |
Can open new branch without the consent of Centrla Branch. |
- A. Scheduled Bank
- B. State Bank of Pakistan
- C. Non -Scheduled Bank
- D. Bank of England
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5 |
When was the first central bank of sub-continent established: |
- A. 1635
- B. 1732
- C. 1835
- D. 1935
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6 |
Ribs Bank of Sweden became central bank in: |
- A. 1568
- B. 1668
- C. 1768
- D. None of the above
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7 |
It is necessary for scheduled bank to. |
- A. Obey SBP
- B. Submit report to SBP
- C. Get the Book checked
- D. All the above
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8 |
Central Bank provide the facility to Scheduled Banks. |
- A. Rediscounting Bills
- B. Clearing House
- C. Transfer of Money
- D. All the above
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9 |
What is meant by margin requirement |
- A. To advance loan less than the value of security
- B. To give less amount as interest than the amount of loan
- C. To advance more loan than the value of security
- D. To advance loan equal to the value of security
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10 |
Non- Scheduled banks are formed under co-opeative society Act. |
- A. 1932
- B. 1925
- C. 1984
- D. 1911
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