| 1 |
State bank of Pakistan is run by |
- A. Board of directors
- B. Board of managers
- C. Board of govenors
- D. Board of bankers
|
| 2 |
It creates credit |
- A. Central Bank
- B. Commercial Bank
- C. Government
- D. Stock exchange
|
| 3 |
Credit money is created by |
- A. Central bank
- B. Commercial Bank
- C. Government
- D. All of the above
|
| 4 |
Every country establishes central bank to |
- A. Issue currency
- B. To establish commercial bank
- C. Toprepare governemnt budget
- D. All of the of above
|
| 5 |
Treasury bill is used for |
- A. Getting short term loans by central bank
- B. Getting long term loans
- C. Collecting govt. taxes
- D. Make payments of utility bills
|
| 6 |
If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in. |
- A. Demand deposits
- B. Tiem deposit
- C. Saving account
- D. Profit loss account
|
| 7 |
Balance sheet of a bank has two parts |
- A. Supply and demand for deposits
- B. Supply and demand of Advances
- C. Assests and liablilities
- D. Cash Reserves and loans
|
| 8 |
Credit money is controlled by |
- A. Central bank
- B. Market forces
- C. Commercial Bank
- D. Government
|
| 9 |
Demand depostis are. |
- A. Money
- B. Banks notes
- C. Legal money
- D. Considerd and near money
|
| 10 |
Banks discout it and advance loans. |
- A. Draft
- B. Bill of exchange
- C. Pay Order
- D. Gold
|
