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

Question # 3

The document acquire to convert non -scheduled into scheduled bank

Question # 4

Participation term certificate are issued by.

Question # 5

Which term is used in connection with monetary policy

Question # 6

Credit money in the country is controlled by

Question # 7

The external value of local currency is stablized through:

Question # 8

What are the objectives of monetary policy

Question # 9

Documents required to conert non scheduled bank into scheduled bank.

Question # 10

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

Question # 11

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

Question # 12

Scheduled bank is bound to keep with the Country.

Question # 13

Modern central banking system started in

Question # 14

State Bank of Pakistan Act is

Question # 15

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

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ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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Sr.# Question Answer
1 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
2 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
3 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
4 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
5 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
6 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
7 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
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
A. 5%
B. 10%
C. 30%
D. 100%
9 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
10 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932

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