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

Central bank provides the following facility to scheduled banks:

Question # 3

Pakistan's central bank was established in:

Question # 4

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

Question # 5

Centrak Bank Act as Lender of Last Resort to.

Question # 6

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

Question # 7

Which principle is followed by central bank to issue currency notes

Question # 8

Example of Non scheduled is

Question # 9

The document acquire to convert non -scheduled into scheduled bank

Question # 10

Scheduled bank is bound to keep with the Country.

Question # 11

What is meant by margin requirement

Question # 12

Can open new branch without the consent of Centrla Branch.

Question # 13

What is the purpose of monetary policy

Question # 14

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

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 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
2 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
3 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
4 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
5 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
6 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
7 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
8 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
9 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
10 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

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