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

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

Question # 2

The central bank works under the rules framed by:

Question # 3

Participation term certificate are issued by.

Question # 4

The document acquire to convert non -scheduled into scheduled bank

Question # 5

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

Question # 6

Participation term certificates are issued in place of.

Question # 7

Which function does a central bank not perform

Question # 8

Qualitative methods of monetary policy do not include:

Question # 9

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

Question # 10

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

Question # 11

The transmission of following is stopped due to clearing house:

Question # 12

Pakistan's central bank was established in:

Question # 13

What is the objective of clearing house

Question # 14

Under which Section Scheduled Bank can open new branch.

Question # 15

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

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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 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
2 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
3 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
4 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
5 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
6 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
7 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
8 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
9 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
10 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank

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