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

Scheduled bank is bound to keep with the Country.

Question # 2

What is meant by margin requirement

Question # 3

Central bank bank supervises one of the following systems of a country:

Question # 4

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

Question # 5

Participation term certificate are issued by.

Question # 6

The transmission of following is stopped due to clearing house:

Question # 7

What is the purpose of monetary policy

Question # 8

Important functions of a central bank:

Question # 9

Which term is used in connection with monetary policy

Question # 10

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

Question # 11

Scheduled Banks are registred under state bank act.

Question # 12

Which function does a central bank not perform

Question # 13

Pakistan's central bank was established in:

Question # 14

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

Question # 15

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

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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 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
2 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
4 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
5 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
6 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
7 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
A. 5%
B. 10%
C. 30%
D. 100%
8 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
9 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
10 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935

Test Questions

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