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

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

Question # 2

Central Bank provide the facility to Scheduled Banks.

Question # 3

The central bank works under the rules framed by:

Question # 4

Central bank is owned by

Question # 5

The external value of local currency is stablized through:

Question # 6

It is necessary for scheduled bank to.

Question # 7

Which is the quantitative method of credit control

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

Which principle is followed by central bank to issue currency notes

Question # 10

What is the objective of clearing house

Question # 11

Non -Scheduled banks are formed under.

Question # 12

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

Question # 13

Scheduled bank is bound to keep with the Country.

Question # 14

Ribs Bank of Sweden became central bank in:

Question # 15

What is the purpose of monetary policy

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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 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
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 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
4 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
5 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
6 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
7 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
8 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
9 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
10 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these

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