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

Qualitative methods of monetary policy do not include:

Question # 2

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

Question # 3

Documents required to conert non scheduled bank into scheduled bank.

Question # 4

Central bank is owned by

Question # 5

Example of Non scheduled is

Question # 6

The document acquire to convert non -scheduled into scheduled bank

Question # 7

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

Question # 8

Important functions of a central bank:

Question # 9

Scheduled Banks can keep his totl assets outsinde the country.

Question # 10

Pakistan's central bank was established in:

Question # 11

It is necessary for scheduled bank to.

Question # 12

Under which Section Scheduled Bank can open new branch.

Question # 13

Which term is used in connection with monetary policy

Question # 14

In the Presence of Clearing House Scheduled Banks keeps.

Question # 15

Non- Scheduled banks are formed under co-opeative society Act.

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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 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
2 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
3 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
4 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
5 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
6 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
7 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
8 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
9 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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