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

Scheduled Banks can keep his totl assets outsinde the country.

Question # 3

Central bank is owned by

Question # 4

Central bank provides the following facility to scheduled banks:

Question # 5

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

Question # 6

In case of inflation in the country, the rate of margin is:

Question # 7

Which is the quantitative method of credit control

Question # 8

The transmission of following is stopped due to clearing house:

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

What is the objective of clearing house

Question # 11

Which function does a central bank not perform

Question # 12

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

Question # 13

In the Presence of Clearing House Scheduled Banks keeps.

Question # 14

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

Question # 15

Non -Scheduled banks are formed under.

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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 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
2 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
3 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
4 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
5 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
6 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
7 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
8 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
9 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
10 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these

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