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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  • Total Questions15

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

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Question # 1

Which method or methods are prevailing in Pakistan for issuing notes

Question # 2

In case of inflation in the country, the rate of margin is:

Question # 3

State Bank of Pakistan Act is

Question # 4

What is the objective of clearing house

Question # 5

Which bank is called the mother or central banks

Question # 6

The Bank are called Scheduled Bank which are registered with the.

Question # 7

If the quatity of money in circulation increases then this situation is called:

Question # 8

Can open new branch without the consent of Centrla Branch.

Question # 9

Modern central banking system started in

Question # 10

Scheduled Bank Can be registered under SBP Act.

Question # 11

The external value of local currency is stablized through:

Question # 12

Scheduled bank is bound to keep with the Country.

Question # 13

Participation term certificates are issued in place of.

Question # 14

Scheduled Banks are registred under state bank act.

Question # 15

Documents required to conert non scheduled bank into scheduled bank.

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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 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
2 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
3 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
4 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
5 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
6 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
7 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
8 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
9 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
10 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society

Test Questions

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