2nd Year Statistics MCQS Set 5

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

10%

100%

30%

5%

Joint-stock company can open the following account in bank

Saving

All the above

Current

Fixed

The transmission of following is stopped due to clearing house:

Credit money

Metallic money

Cash money

All of the above

If a bank is unable to submit prospectus at the time of registration, then it has to submit:

Statement in lieu of prospectus

Certificate of commencement

None of the above

Certificate of incorpoartion

What is the example of non scheduled bank

Habib bank

Sindh provincial cooperative bank

Allied bank

Meezan bank

The money deposited in the bank is considered by a customer as

Investment

Asset

Liability

Saving

A bill which can be rediscounted from central bank

Both a and b

Time bill

Sight bill

None of these

A pass book is issued to:

Both A and B

Current accountholder

None of the above

Saving accountholder

Relation between banker and customer terminates, when a :

All od them

Customer dies

Customer becomes mad or lunatic

Customer becomes insane or mental

Which term is used in connection with monetary policy

Market rate

Bank rate

Exchange rate

Wage rate