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 is the quantitative method of credit control

Question # 2

What is the purpose of monetary policy

Question # 3

The transmission of following is stopped due to clearing house:

Question # 4

Centrak Bank Act as Lender of Last Resort to.

Question # 5

Which bank is called the mother or central banks

Question # 6

Central bank is owned by

Question # 7

It is necessary for scheduled bank to.

Question # 8

Under which Section Scheduled Bank can open new branch.

Question # 9

Important functions of a central bank:

Question # 10

Which function does a central bank not perform

Question # 11

Participation term certificate are issued by.

Question # 12

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 13

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

Question # 14

Qualitative methods of monetary policy do not include:

Question # 15

Pakistan's central bank was established in:

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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 Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
A. 5%
B. 10%
C. 30%
D. 100%
2 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
3 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
4 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
5 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
6 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
7 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
8 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
9 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
10 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

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