Question # 1

Credit money in the country is controlled by

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Central bank

Commercial bank

Industrial bank

Agricultural bank

Which is the quantitative method of credit control

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Change in reserve ratio

Change in margin requirement

Selective control

Publicity

Central bank is owned by

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Public

Government

Commercial baks

All of the above

Central bank provides the following facility to scheduled banks:

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Feast

Godown

Clearing house

None of the above

Which term is used in connection with monetary policy

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Bank rate

Exchange rate

Wage rate

Market rate

Qualitative methods of monetary policy do not include:

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Direct actions

Publicity

Bank rate policy

Moral pursuation

What is meant by margin requirement

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To advance loan less than the value of security

To give less amount as interest than the amount of loan

To advance more loan than the value of security

To advance loan equal to the value of security

Pakistan's central bank was established in:

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1947

1948

1949

1950

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

In case of inflation in the country, the rate of margin is:

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Increased

Reduced

Waived

All of the above

Documents required to conert non scheduled bank into scheduled bank.

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Memorandum of Association

Articles of Association

Audited Annual Report

All the above

What is the objective of clearing house

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To control credit money

To clear the transactions of different banks

Training of banking staff

Re-discounting of bills

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

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

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

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Central Bank

world Bank

Bank of England

All the above

State Bank of Pakistan Act is

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1932

1962

1984

1997

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