Question # 1

Central bank is owned by

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Public

Government

Commercial baks

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

Scheduled bank is bound to keep with the Country.

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80% of Total Assets

60% of Total Assets

40% Total Assets

20% Total Assets

Central bank provides the following facility to scheduled banks:

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Feast

Godown

Clearing house

None of the above

What are the objectives of monetary policy

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Stability in price

Exchange stability

Stability in capital market

All of the above

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

Under which Section Scheduled Bank can open new branch.

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Section 38

Section 39

Section 40

Section 41

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

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Section 38

Section 33

Section 37

Section 40

Pakistan's central bank was established in:

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1947

1948

1949

1950

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

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Rs. 05 million

Rs. 06 million

Rs. 10 Billion

Rs. 07 billion

Central Bank provide the facility to Scheduled Banks.

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Rediscounting Bills

Clearing House

Transfer of Money

All the above

The transmission of following is stopped due to clearing house:

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Credit money

Metallic money

Cash money

All of the above

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

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1932

1925

1984

1911

Central bank bank supervises one of the following systems of a country:

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Provincial

Political

Economical and financial

None of the above

Example of Non scheduled is

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ABL

AL-Meezan Investment Bank

HBL

NBP

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