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

Non -Scheduled banks are formed under.

Question # 2

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

Question # 3

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

Question # 4

Which bank is called the mother or central banks

Question # 5

Modern central banking system started in

Question # 6

Important functions of a central bank:

Question # 7

Qualitative methods of monetary policy do not include:

Question # 8

Which method or methods are prevailing in Pakistan for issuing notes

Question # 9

Which is the quantitative method of credit control

Question # 10

Scheduled bank is bound to keep with the Country.

Question # 11

Participation term certificate are issued by.

Question # 12

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

Question # 13

Example of Non scheduled is

Question # 14

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

Question # 15

Central bank provides the following facility to scheduled banks:

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

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Sr.# Question Answer
1 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
2 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
3 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
4 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 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
7 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
8 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
9 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
10 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

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