Scheduled and Non-Scheduled Banks
It is necessary for scheduled bank to
Get the books checked
Act on the instructions of central bank
Submit report to central bank
All the above
All the above
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Which of the following banks cannot open its new branch without the permission of central bankA. Scheduled bank
B. All of the above
C. Non-Scheduled bank
D. Chartererd bank
Scheduled bank is registered under state bank of Pakistan Act
A. 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%
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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