Question # 1

Central bank is owned by

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Public

Government

Commercial baks

All of the above

Scheduled Banks are registred under state bank act.

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1956

1984

1962

1932

Pakistan's central bank was established in:

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1947

1948

1949

1950

The document acquire to convert non -scheduled into scheduled bank

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Prospectus

Debentures

By laws copy

Audited Annual Report

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

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Increased

Reduced

Waived

All of the above

Modern central banking system started in

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18th Century

19th Century

20th Century

None of these

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

Which term is used in connection with monetary policy

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Bank rate

Exchange rate

Wage rate

Market rate

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

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

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Commercial bank

Clearing house

Central bank

Chamber of commerce

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

Participation term certificates are issued in place of.

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Shares

Debentures

NIT Units

All these

The central bank works under the rules framed by:

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Government

People

Different banks

All of the above

In the Presence of Clearing House Scheduled Banks keeps.

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Less Cash Reserve

More Cash Reserve

No cash reserve

Fixed cash reserved

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

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