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

The external value of local currency is stablized through:

Question # 2

What is the objective of clearing house

Question # 3

Documents required to conert non scheduled bank into scheduled bank.

Question # 4

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

Question # 5

Which function does a central bank not perform

Question # 6

What is the purpose of monetary policy

Question # 7

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

Question # 8

In the Presence of Clearing House Scheduled Banks keeps.

Question # 9

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

Question # 10

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

Question # 11

Ribs Bank of Sweden became central bank in:

Question # 12

What are the objectives of monetary policy

Question # 13

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

Question # 14

Important functions of a central bank:

Question # 15

Which term is used in connection with monetary policy

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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 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
2 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
3 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
4 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
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
7 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
8 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
9 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
10 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41

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