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

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

Question # 2

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

Question # 3

Ribs Bank of Sweden became central bank in:

Question # 4

The external value of local currency is stablized through:

Question # 5

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 6

It is necessary for scheduled bank to.

Question # 7

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

Question # 8

The document acquire to convert non -scheduled into scheduled bank

Question # 9

Central bank bank supervises one of the following systems of a country:

Question # 10

Which principle is followed by central bank to issue currency notes

Question # 11

What is the purpose of monetary policy

Question # 12

Which bank is called the mother or central banks

Question # 13

Centrak Bank Act as Lender of Last Resort to.

Question # 14

Pakistan's central bank was established in:

Question # 15

Non -Scheduled banks are formed under.

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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 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
6 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
7 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
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 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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