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

Scheduled bank is bound to keep with the Country.

Question # 3

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

Question # 4

Participation term certificate are issued by.

Question # 5

The document acquire to convert non -scheduled into scheduled bank

Question # 6

What is the purpose of monetary policy

Question # 7

Participation term certificates are issued in place of.

Question # 8

Which method or methods are prevailing in Pakistan for issuing notes

Question # 9

Which function does a central bank not perform

Question # 10

Pakistan's central bank was established in:

Question # 11

Centrak Bank Act as Lender of Last Resort to.

Question # 12

The Bank are called Scheduled Bank which are registered with the.

Question # 13

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

Question # 14

Central Bank provide the facility to Scheduled Banks.

Question # 15

Example of Non scheduled is

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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 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
2 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
3 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
4 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
5 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
6 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
7 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
8 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
9 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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