Scheduled and Non-Scheduled Banks
Which of the following banks cannot open its new branch without the permission of central bank
Scheduled bank
All of the above
Non-Scheduled bank
Chartererd bank
Scheduled bank
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Scheduled bank is registered under state bank of Pakistan ActA. 1950
B. 1965
C. None of the above
D. 1956
Non-scheduled bank can
A. Open new branch without permission
B. Deal in foreign exchange
C. Attain the public confidence
D. All the above
Scheduled bank keeps a certain amount of its deposits with central bank as
A. Authorized capital
B. Subscribed capital
C. Reserve capital
D. Bank rate
In financial crises,the central bank issues loan to
A. All the above
B. Non-scheduled bank
C. Scheduled bank
D. Foreign bank
What percentage of total assets a scheduled bank is bound to keep within the country
A. 70%
B. 80%
C. 60%
D. 90%
It is necessary for scheduled bank to
A. Get the books checked
B. Act on the instructions of central bank
C. Submit report to central bank
D. All the above
Which of the following banks performs its functions according to the instructions of central bank
A. All the above
B. Non-scheduled bank
C. Scheduled bank
D. Foreign bank
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