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

Can open new branch without the consent of Centrla Branch.

Question # 2

Which term is used in connection with monetary policy

Question # 3

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

Question # 4

Credit money in the country is controlled by

Question # 5

Which is the quantitative method of credit control

Question # 6

Scheduled Banks are registred under state bank act.

Question # 7

Scheduled Banks can keep his totl assets outsinde the country.

Question # 8

Which function does a central bank not perform

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

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 # 11

The transmission of following is stopped due to clearing house:

Question # 12

Under which Section Scheduled Bank can open new branch.

Question # 13

Important functions of a central bank:

Question # 14

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

Question # 15

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

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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 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
2 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
3 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
4 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
5 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
6 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
7 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
8 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
9 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
10 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

Test Questions

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