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

Example of Non scheduled is

Question # 2

Participation term certificates are issued in place of.

Question # 3

Pakistan's central bank was established in:

Question # 4

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

Question # 5

Which function does a central bank not perform

Question # 6

Centrak Bank Act as Lender of Last Resort to.

Question # 7

What is meant by margin requirement

Question # 8

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 # 9

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

Question # 10

Scheduled Banks are registred under state bank act.

Question # 11

Central Bank provide the facility to Scheduled Banks.

Question # 12

Central bank is owned by

Question # 13

The external value of local currency is stablized through:

Question # 14

Which method or methods are prevailing in Pakistan for issuing notes

Question # 15

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

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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 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
2 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
3 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
4 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
5 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
6 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
7 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
8 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
9 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
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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