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

Documents required to conert non scheduled bank into scheduled bank.

Question # 2

Centrak Bank Act as Lender of Last Resort to.

Question # 3

Non -Scheduled banks are formed under.

Question # 4

Participation term certificates are issued in place of.

Question # 5

The document acquire to convert non -scheduled into scheduled bank

Question # 6

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

Question # 7

Can open new branch without the consent of Centrla Branch.

Question # 8

Which term is used in connection with monetary policy

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

The external value of local currency is stablized through:

Question # 11

Participation term certificate are issued by.

Question # 12

What is meant by margin requirement

Question # 13

State Bank of Pakistan Act is

Question # 14

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

Question # 15

Under which Section Scheduled Bank can open new branch.

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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 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
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
4 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
5 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
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 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
8 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
9 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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