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 is the quantitative method of credit control

Question # 2

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

Question # 3

Pakistan's central bank was established in:

Question # 4

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

Question # 5

Important functions of a central bank:

Question # 6

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

Question # 7

The central bank works under the rules framed by:

Question # 8

Participation term certificates are issued in place of.

Question # 9

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

Question # 10

It is necessary for scheduled bank to.

Question # 11

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

Question # 12

Non -Scheduled banks are formed under.

Question # 13

What is meant by margin requirement

Question # 14

Documents required to conert non scheduled bank into scheduled bank.

Question # 15

Ribs Bank of Sweden became central bank 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 Class Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
2 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
3 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
4 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
5 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
6 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
7 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
8 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)
9 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
10 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%

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