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

The document acquire to convert non -scheduled into scheduled bank

Question # 3

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

Question # 4

Scheduled Banks are registred under state bank act.

Question # 5

Credit money in the country is controlled by

Question # 6

What is meant by margin requirement

Question # 7

The external value of local currency is stablized through:

Question # 8

Which bank is called the mother or central banks

Question # 9

Pakistan's central bank was established in:

Question # 10

Central Bank provide the facility to Scheduled Banks.

Question # 11

Which term is used in connection with monetary policy

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

When was the first central bank of sub-continent established:

Question # 14

Important functions of a central bank:

Question # 15

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

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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 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
3 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
4 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
5 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
6 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
7 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
8 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
9 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
10 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

Test Questions

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