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

Which function does a central bank not perform

Question # 2

The transmission of following is stopped due to clearing house:

Question # 3

Central Bank provide the facility to Scheduled Banks.

Question # 4

Example of Non scheduled is

Question # 5

Scheduled Banks can keep his totl assets outsinde the country.

Question # 6

Scheduled bank is bound to keep with the Country.

Question # 7

Which method or methods are prevailing in Pakistan for issuing notes

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

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

Question # 10

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

Question # 11

Ribs Bank of Sweden became central bank in:

Question # 12

The document acquire to convert non -scheduled into scheduled bank

Question # 13

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

Question # 14

What is meant by margin requirement

Question # 15

Participation term certificates are issued in place of.

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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 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
2 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
3 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
4 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
5 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
6 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
7 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
8 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
9 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
10 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997

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