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

Which function does a central bank not perform

Question # 2

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 3

The transmission of following is stopped due to clearing house:

Question # 4

What is the purpose of monetary policy

Question # 5

In the Presence of Clearing House Scheduled Banks keeps.

Question # 6

What is the objective of clearing house

Question # 7

Qualitative methods of monetary policy do not include:

Question # 8

Scheduled Banks are registred under state bank act.

Question # 9

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

Question # 10

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

Question # 11

Which is the quantitative method of credit control

Question # 12

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 13

Documents required to conert non scheduled bank into scheduled bank.

Question # 14

Non -Scheduled banks are formed under.

Question # 15

Central bank provides the following facility to scheduled banks:

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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 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
2 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
3 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
4 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
5 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
6 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
7 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
8 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
9 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%
10 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above

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