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

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Question # 2

What is meant by margin requirement

Question # 3

It is necessary for scheduled bank to.

Question # 4

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

Question # 5

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 6

Centrak Bank Act as Lender of Last Resort to.

Question # 7

Scheduled Bank Can be registered under SBP Act.

Question # 8

Participation term certificates are issued in place of.

Question # 9

Scheduled bank is bound to keep with the Country.

Question # 10

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

Question # 11

Non -Scheduled banks are formed under.

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

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

Question # 14

Central bank provides the following facility to scheduled banks:

Question # 15

Modern central banking system started in

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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 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
2 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
3 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
4 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
5 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
6 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
7 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
8 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
9 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
10 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these

Test Questions

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