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4th Chapter

12th Principles of Banking Chapter 4 Test

Here you can prepare 12th Class Principles of Banking Chapter 4 Central Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

This online test contains MCQs about following topics:

. Introduction and growth of central bank . Definition of central bank and its principles . Functions of central bank . Clearing house and working of clearing house . Advantages of clearing house . Tools of monetary policy . Diffeculties in controlling credit . Differnece between central bank and commercial bank

ICOM Part 2 Banking Ch 4 Test
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12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 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
2 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
3 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
  • A. Sec. 14
  • B. Sec . 13
  • C. Sec. 16
  • D. Sec. 17
4 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
5 The external value of local currency is stablized through:
  • A. Monetary policy
  • B. Increase in prices
  • C. Trade policy
  • D. All of the above
6 Scheduled bank is bound to keep with the Country.
  • A. 80% of Total Assets
  • B. 60% of Total Assets
  • C. 40% Total Assets
  • D. 20% Total Assets
7 State Bank of Pakistan Act is
  • A. 1932
  • B. 1962
  • C. 1984
  • D. 1997
8 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
9 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
  • A. Section 38
  • B. Section 33
  • C. Section 37
  • D. Section 40
10 The central bank works under the rules framed by:
  • A. Government
  • B. People
  • C. Different banks
  • D. All of the above

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

M

Muhammad Noman

Lahore13 - May - 2024

11/15
02 Mins 18 Sec
A

Abdul Rehman

Lahore04 - May - 2024

11/15
02 Mins 48 Sec
R

Raja Musa Sohail

Lahore15 - Apr - 2024

9/15
03 Mins 05 Sec
D

Domanto Sports

Lahore04 - May - 2024

8/15
02 Mins 55 Sec

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