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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

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

Question # 2

Centrak Bank Act as Lender of Last Resort to.

Question # 3

What are the objectives of monetary policy

Question # 4

Scheduled Banks can keep his totl assets outsinde the country.

Question # 5

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

Question # 6

The document acquire to convert non -scheduled into scheduled bank

Question # 7

Modern central banking system started in

Question # 8

The central bank works under the rules framed by:

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

Pakistan's central bank was established in:

Question # 11

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

Question # 12

Which is the quantitative method of credit control

Question # 13

Which bank is called the mother or central banks

Question # 14

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

Question # 15

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

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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 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
2 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
3 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
4 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
5 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
6 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
7 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
8 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
9 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
10 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

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