2nd Year Statistics MCQS Set 3

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12th Class Statistics MCQS


Which of the following changes cause to change in foreign exchange rate
Change in capital flow
Change in export and imports
All of them
Change in bank rate

How many products of E banking
7
6
5
8

Which principle is followed by central bank to issue currency notes
None of the above
Both principle
Banking principle
Currency principle

IOU is a document
Non-negotiable
Unconditional negotiable
Negotiable
Conditional negotiable

Commercial bank can be regarded by nature as
Investment bank
Depository bank
Central bank
None of the above

Which of the following is a highly marketable security
Document of title to goods
Shares and debentures
All the above
Immovable property

What percentage of total assets a scheduled bank is bound to keep within the country
90%
80%
60%
70%

The forms of cash reserve of commercial bank:
Recievable from other banks
Reserve with central bank
All of them
Cash in hand

Which of the following functions is performed by commercial bank
Preparation of monetary policy
Credit creation
Issuance of currency notes
Rediscounting of bills

Bank is bound to honour the cheque of customer if:
Cheque is according to rules of conduct
There is no restriction by government
Required amount is available in amount
All of them

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