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

Scheduled Bank Can be registered under SBP Act.

Question # 3

What is the purpose of monetary policy

Question # 4

Which method or methods are prevailing in Pakistan for issuing notes

Question # 5

In case of inflation in the country, the rate of margin is:

Question # 6

It is necessary for scheduled bank to.

Question # 7

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

Question # 8

Ribs Bank of Sweden became central bank in:

Question # 9

Centrak Bank Act as Lender of Last Resort to.

Question # 10

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

Question # 11

Scheduled bank is bound to keep with the Country.

Question # 12

What are the objectives of monetary policy

Question # 13

Can open new branch without the consent of Centrla Branch.

Question # 14

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

Question # 15

Non -Scheduled banks are formed under.

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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 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
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 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
4 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
5 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
6 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
7 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
8 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
9 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
10 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above

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