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 term is used in connection with monetary policy

Question # 2

Modern central banking system started in

Question # 3

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

Question # 4

Centrak Bank Act as Lender of Last Resort to.

Question # 5

Non -Scheduled banks are formed under.

Question # 6

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

Question # 7

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

Question # 8

It is necessary for scheduled bank to.

Question # 9

Credit money in the country is controlled by

Question # 10

Which principle is followed by central bank to issue currency notes

Question # 11

Participation term certificates are issued in place of.

Question # 12

In the Presence of Clearing House Scheduled Banks keeps.

Question # 13

Which is the quantitative method of credit control

Question # 14

Ribs Bank of Sweden became central bank in:

Question # 15

Scheduled bank is bound to keep with the Country.

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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 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
2 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
3 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
4 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
6 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
7 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
8 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
9 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
10 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above

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