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

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 2

Qualitative methods of monetary policy do not include:

Question # 3

Central bank is owned by

Question # 4

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

Question # 5

Ribs Bank of Sweden became central bank in:

Question # 6

Scheduled Banks can keep his totl assets outsinde the country.

Question # 7

The central bank works under the rules framed by:

Question # 8

The transmission of following is stopped due to clearing house:

Question # 9

The Bank are called Scheduled Bank which are registered with the.

Question # 10

Modern central banking system started in

Question # 11

The external value of local currency is stablized through:

Question # 12

The document acquire to convert non -scheduled into scheduled bank

Question # 13

Which term is used in connection with monetary policy

Question # 14

Central bank provides the following facility to scheduled banks:

Question # 15

Which form of automated payment would be better in paying wages to employee

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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 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
2 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
3 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
4 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 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
7 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
8 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
9 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
10 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank

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