12th Class Statistics MCQS
Central bank provides the following facility to scheduled banks:
Godown
Feast
Clearing house
None of the above
On which account a bank does not pay interest
All of the above
Saving account
Fixed deposits
Current account
What is necessary to continue or keep an account with the bank
Political stability
Phone number
Minimum required balance
Introductory preference
What % of shares of IDBP was held by the Govt. at the time of its establishment:
51%
50%
55%
49%
What is the purpose of monetary policy
To control banking system
To control supply of money
To control foreign exchange
To control stock market
Retirement of bill means
Dishonoring of bill due to non-acceptance
Dishonoring of bill due to non-payment
Payment of bill before due date
Protesting of bill
Which of the following banks performs its functions according to the instructions of central bank
Scheduled bank
Non-scheduled bank
Foreign bank
All the above
Endorser of promissory note is a :
Person who trasfers the rights of note
Person who receives the amount of note
Person in whose favour the rights are transferred
Person who promises to pay
The statement of Pakistan was inaugurated by:
Quaid-e-Azam
Liaqat-Ali-Khan
Abdul-Rub-Nishar
Nawaz-Sharif
Imperial Bank was established in:
1921
1925
1932
1937
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