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

Qualitative methods of monetary policy do not include:

Question # 2

Participation term certificates are issued in place of.

Question # 3

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 4

Scheduled bank is bound to keep with the Country.

Question # 5

Ribs Bank of Sweden became central bank in:

Question # 6

Important functions of a central bank:

Question # 7

Which function does a central bank not perform

Question # 8

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

Question # 9

If the quatity of money in circulation increases then this situation is called:

Question # 10

It is necessary for scheduled bank to.

Question # 11

Modern central banking system started in

Question # 12

Central bank is owned by

Question # 13

What is the objective of clearing house

Question # 14

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

Question # 15

State Bank of Pakistan Act 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 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
2 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
3 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
6 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
7 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
8 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
9 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
10 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)

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