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

Which is the quantitative method of credit control

Question # 3

Under which Section Scheduled Bank can open new branch.

Question # 4

Participation term certificate are issued by.

Question # 5

Important functions of a central bank:

Question # 6

The transmission of following is stopped due to clearing house:

Question # 7

Which term is used in connection with monetary policy

Question # 8

Example of Non scheduled is

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

Scheduled Banks are registred under state bank act.

Question # 11

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

Question # 12

Central bank provides the following facility to scheduled banks:

Question # 13

Ribs Bank of Sweden became central bank in:

Question # 14

It is necessary for scheduled bank to.

Question # 15

Can open new branch without the consent of Centrla Branch.

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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 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
3 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
4 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
5 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
6 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
7 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
8 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
9 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
10 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

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