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

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

Question # 2

Documents required to conert non scheduled bank into scheduled bank.

Question # 3

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

Question # 4

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

Question # 5

In the Presence of Clearing House Scheduled Banks keeps.

Question # 6

What is the purpose of monetary policy

Question # 7

Example of Non scheduled is

Question # 8

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Question # 9

If the quatity of money in circulation increases then this situation is called:

Question # 10

Important functions of a central bank:

Question # 11

Centrak Bank Act as Lender of Last Resort to.

Question # 12

Non -Scheduled banks are formed under.

Question # 13

What is meant by margin requirement

Question # 14

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

Question # 15

Modern central banking system started 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 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
2 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
3 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
4 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
6 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
7 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
8 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
9 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
10 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above

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