2nd Year Principles of Banking Chapter 5 TestScheduled & Non-Scheduled Banks

Q1. Multiple choice questions (Attempt all · 10 × 1 = 10)

1. The following bank can open its branch in foreign country:

   1. Scheduled bank

   2. Non-scheduled bank

   3. Both (a) and (b)

   4. None of these

2. Which bank cannot discount its bills from central bank:

   1. Schedule bank

   2. Non-schedule bank

   3. Corporative bank

   4. Agricultural bank

3. The commercial bank  may be ......:

   1. Scheduled

   2. Non-scheduled

   3. Foreign

   4. All of these

4. Which of the following banks performs its functions according to the instructions of central bank:

   1. Foreign bank

   2. Scheduled bank

   3. Non-scheduled bank

   4. All the above

5. Scheduled banks means a bank which is registered with:

   1. Stock exchange

   2. Central bank

   3. World bank

   4. All of the above

6. In financial crises, the central bank issues loan to:

   1. Non-scheduled bank

   2. Foreign bank

   3. Scheduled bank

   4. All the above

7. Central bank does not provides facility to non-scheduled banks:

   1. Discounting of bills of exchange

   2. Clearing house

   3. Transfer of money

   4. All these

8. Central bank provides following facilities to scheduled bank:

   1. Lunch facility

   2. Go down

   3. Clearing house

   4. All of these

9. Scheduled bank can open new branch with the permission of:

   1. Commercial bank

   2. Central bank

   3. World bank

   4. Government

10. Schedule bank follows instructions of:

    1. State Bank of Pakistan

    2. Federal government

    3. Provincial government

    4. Allm of these