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

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

Question # 2

Example of Non scheduled is

Question # 3

Which principle is followed by central bank to issue currency notes

Question # 4

Under which Section Scheduled Bank can open new branch.

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

What is meant by margin requirement

Question # 7

Participation term certificates are issued in place of.

Question # 8

Centrak Bank Act as Lender of Last Resort to.

Question # 9

It is necessary for scheduled bank to.

Question # 10

State Bank of Pakistan Act is

Question # 11

Important functions of a central bank:

Question # 12

Scheduled Bank Can be registered under SBP Act.

Question # 13

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 14

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

Question # 15

In the Presence of Clearing House Scheduled Banks keeps.

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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 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
3 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
4 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
5 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
6 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
7 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
8 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
9 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
10 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security

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