Scheduled and Non-Scheduled Banks
Non-scheduled bank can
Open new branch without permission
Deal in foreign exchange
Attain the public confidence
All the above
Open new branch without permission
Related posts
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
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
Leave a Reply