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

Credit money in the country is controlled by

Question # 2

The central bank works under the rules framed by:

Question # 3

What is meant by margin requirement

Question # 4

The transmission of following is stopped due to clearing house:

Question # 5

Under which Section Scheduled Bank can open new branch.

Question # 6

What is the purpose of monetary policy

Question # 7

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

Question # 8

Participation term certificates are issued in place of.

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

State Bank of Pakistan Act is

Question # 11

What are the objectives of monetary policy

Question # 12

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

Question # 13

Scheduled bank is bound to keep with the Country.

Question # 14

The external value of local currency is stablized through:

Question # 15

What is the objective of clearing house

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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 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
2 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
3 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
A. 5%
B. 10%
C. 30%
D. 100%
4 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
5 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
6 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)
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 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
9 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
10 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above

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