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

State Bank of Pakistan Act is

Question # 2

In the Presence of Clearing House Scheduled Banks keeps.

Question # 3

Which term is used in connection with monetary policy

Question # 4

Scheduled Banks are registred under state bank act.

Question # 5

Credit money in the country is controlled by

Question # 6

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

Question # 7

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

Question # 8

It is necessary for scheduled bank to.

Question # 9

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

Question # 10

Which method or methods are prevailing in Pakistan for issuing notes

Question # 11

Non -Scheduled banks are formed under.

Question # 12

What are the objectives of monetary policy

Question # 13

What is meant by margin requirement

Question # 14

Which function does a central bank not perform

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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Sr.# Question Answer
1 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
2 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
3 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
4 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
5 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
6 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
7 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
8 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
9 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
10 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

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