Central Bank
The institution responsible for the contraction and expansion of money in the best interest of general public is called
Central bank
Clearing house
Commercial bank
Chamber of commerce
Central bank
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Central bank is owned byA. Commercial banks
B. Public
C. Government
D. All the above
Riks bank of swaden became central bank in
A. None of the above
B. 1568
C. 1668
D. 1768
Pakistan’s central bank was established in
A. 1949
B. 1950
C. 1948
D. 1947
In case of inflation in the country,the rate of margin is
A. Waived
B. Reduced
C. Increased
D. All the above
Which bank is called the mother of central banks
A. Reserve bank of India
B. Bank of Venice
C. State bank of Pakistan
D. Bank of England
If the quantity of money in circulation increases than this situation is called
A. All the above
B. Deflation
C. Inflation
D. Money market
The transmission of following is stopped due to clearing house
A. Metallic money
B. All the above
C. Credit money
D. Cash money
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