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

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

Question # 3

Central bank provides the following facility to scheduled banks:

Question # 4

Qualitative methods of monetary policy do not include:

Question # 5

What are the objectives of monetary policy

Question # 6

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 7

Scheduled Bank Can be registered under SBP Act.

Question # 8

Participation term certificates are issued in place of.

Question # 9

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

Question # 10

Pakistan's central bank was established in:

Question # 11

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

Question # 12

Scheduled Banks are registred under state bank act.

Question # 13

Ribs Bank of Sweden became central bank in:

Question # 14

The document acquire to convert non -scheduled into scheduled bank

Question # 15

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

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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 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
3 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
4 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
5 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
6 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
7 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
8 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
9 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
10 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above

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