ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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

Start Chapter 4 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 In case of inflation in the country, the rate of margin is:
  • A. Increased
  • B. Reduced
  • C. Waived
  • D. All of the above
2 The transmission of following is stopped due to clearing house:
  • A. Credit money
  • B. Metallic money
  • C. Cash money
  • D. All of the above
3 Scheduled bank is bound to keep with the Country.
  • A. 80% of Total Assets
  • B. 60% of Total Assets
  • C. 40% Total Assets
  • D. 20% Total Assets
4 Scheduled Banks are registred under state bank act.
  • A. 1956
  • B. 1984
  • C. 1962
  • D. 1932
5 Participation term certificates are issued in place of.
  • A. Shares
  • B. Debentures
  • C. NIT Units
  • D. All these
6 Non -Scheduled bank menas a bank which is not registred with.
  • A. Stock Exchange
  • B. World Bank
  • C. Central Bank
  • D. Scheduled bank
7 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
8 State Bank of Pakistan Act is
  • A. 1932
  • B. 1962
  • C. 1984
  • D. 1997
9 Example of Non scheduled is
  • A. ABL
  • B. AL-Meezan Investment Bank
  • C. HBL
  • D. NBP
10 Which term is used in connection with monetary policy
  • A. Bank rate
  • B. Exchange rate
  • C. Wage rate
  • D. Market rate

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