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

Example of Non scheduled is

Question # 2

Non- Scheduled banks are formed under co-opeative society Act.

Question # 3

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

Question # 4

Non -Scheduled banks are formed under.

Question # 5

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

Question # 6

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

Question # 7

Which form of automated payment would be better in paying wages to employee

Question # 8

Central bank is owned by

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

What are the objectives of monetary policy

Question # 11

Scheduled bank is bound to keep with the Country.

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

Scheduled Bank Can be registered under SBP Act.

Question # 14

What is meant by margin requirement

Question # 15

Ribs Bank of Sweden became central bank in:

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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 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
2 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
3 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
4 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
6 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
7 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
8 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
9 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
10 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market

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