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

Central Bank provide the facility to Scheduled Banks.

Question # 2

Example of Non scheduled is

Question # 3

Which term is used in connection with monetary policy

Question # 4

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

Question # 5

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

Question # 6

Which is the quantitative method of credit control

Question # 7

Ribs Bank of Sweden became central bank in:

Question # 8

What is the purpose of monetary policy

Question # 9

The central bank works under the rules framed by:

Question # 10

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

Question # 11

Scheduled Bank Can be registered under SBP Act.

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

What is the objective of clearing house

Question # 14

Scheduled Banks are registred under state bank act.

Question # 15

In the Presence of Clearing House Scheduled Banks keeps.

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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 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
2 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
3 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
4 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
7 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
8 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
9 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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