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

What is the objective of clearing house

Question # 2

Central Bank provide the facility to Scheduled Banks.

Question # 3

Participation term certificates are issued in place of.

Question # 4

Documents required to conert non scheduled bank into scheduled bank.

Question # 5

Which bank is called the mother or central banks

Question # 6

Qualitative methods of monetary policy do not include:

Question # 7

Central bank is owned by

Question # 8

The transmission of following is stopped due to clearing house:

Question # 9

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 10

It is necessary for scheduled bank to.

Question # 11

Which term is used in connection with monetary policy

Question # 12

Central bank provides the following facility to scheduled banks:

Question # 13

Credit money in the country is controlled by

Question # 14

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 15

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

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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 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
3 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
4 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
5 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
6 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
7 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
8 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)
9 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
10 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above

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