12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 4 (Central Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

Central bank is owned by

Question # 2

Credit money in the country is controlled by

Question # 3

Participation term certificates are issued in place of.

Question # 4

Under which Section Scheduled Bank can open new branch.

Question # 5

Modern central banking system started in

Question # 6

The external value of local currency is stablized through:

Question # 7

Scheduled Bank Can be registered under SBP Act.

Question # 8

Non -Scheduled bank menas a bank which is not registred with.

Question # 9

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 10

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 11

Example of Non scheduled is

Question # 12

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 13

It is necessary for scheduled bank to.

Question # 14

Ribs Bank of Sweden became central bank in:

Question # 15

Which function does a central bank not perform

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ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
2 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
3 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
6 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
7 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
8 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
9 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
10 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above

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