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

Under which Section Scheduled Bank can open new branch.

Question # 2

Scheduled Banks can keep his totl assets outsinde the country.

Question # 3

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

Question # 4

Central bank is owned by

Question # 5

The external value of local currency is stablized through:

Question # 6

Non -Scheduled banks are formed under.

Question # 7

Pakistan's central bank was established in:

Question # 8

What are the objectives of monetary policy

Question # 9

State Bank of Pakistan Act is

Question # 10

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

Question # 11

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

Question # 12

Qualitative methods of monetary policy do not include:

Question # 13

Ribs Bank of Sweden became central bank in:

Question # 14

What is the purpose of monetary policy

Question # 15

Which method or methods are prevailing in Pakistan for issuing notes

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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 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
2 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
3 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
4 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
5 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
8 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
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 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above

Test Questions

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