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 co-opeative society Act.

Question # 2

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

Question # 3

Scheduled bank is bound to keep with the Country.

Question # 4

What is the objective of clearing house

Question # 5

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

Question # 6

Qualitative methods of monetary policy do not include:

Question # 7

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

Question # 8

Pakistan's central bank was established in:

Question # 9

Participation term certificates are issued in place of.

Question # 10

In the Presence of Clearing House Scheduled Banks keeps.

Question # 11

The transmission of following is stopped due to clearing house:

Question # 12

The external value of local currency is stablized through:

Question # 13

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 14

Example of Non scheduled is

Question # 15

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

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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 banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
2 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
3 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
4 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
5 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
6 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
7 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
8 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
9 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
10 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950

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