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 method or methods are prevailing in Pakistan for issuing notes

Question # 2

Participation term certificates are issued in place of.

Question # 3

Scheduled Banks can keep his totl assets outsinde the country.

Question # 4

Documents required to conert non scheduled bank into scheduled bank.

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

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

Question # 7

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

Question # 8

What is the purpose of monetary policy

Question # 9

Central bank is owned by

Question # 10

Participation term certificate are issued by.

Question # 11

Ribs Bank of Sweden became central bank in:

Question # 12

Credit money in the country is controlled by

Question # 13

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

Question # 14

Which term is used in connection with monetary policy

Question # 15

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

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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 function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
2 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)
3 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
4 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
5 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
6 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
7 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
8 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
9 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
10 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997

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