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

Non -Scheduled banks are formed under.

Question # 2

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

Question # 3

Participation term certificates are issued in place of.

Question # 4

Scheduled Bank Can be registered under SBP Act.

Question # 5

Which form of automated payment would be better in paying wages to employee

Question # 6

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

Question # 7

In the Presence of Clearing House Scheduled Banks keeps.

Question # 8

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

Question # 9

Which function does a central bank not perform

Question # 10

Which term is used in connection with monetary policy

Question # 11

Can open new branch without the consent of Centrla Branch.

Question # 12

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

Question # 13

Centrak Bank Act as Lender of Last Resort to.

Question # 14

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

Question # 15

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan 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 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
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 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
4 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
5 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
6 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
7 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%
8 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
9 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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