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

Qualitative methods of monetary policy do not include:

Question # 2

Scheduled Banks are registred under state bank act.

Question # 3

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

Question # 4

Can open new branch without the consent of Centrla Branch.

Question # 5

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

Question # 6

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

Question # 7

The external value of local currency is stablized through:

Question # 8

Example of Non scheduled is

Question # 9

Credit money in the country is controlled by

Question # 10

Which function does a central bank not perform

Question # 11

Ribs Bank of Sweden became central bank in:

Question # 12

Important functions of a central bank:

Question # 13

Modern central banking system started in

Question # 14

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

Question # 15

What is the objective of clearing house

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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 is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
2 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
3 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
4 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
5 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
6 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
7 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
8 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
9 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
10 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935

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