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 bank menas a bank which is not registred with.

Question # 2

What is meant by margin requirement

Question # 3

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

Question # 4

Example of Non scheduled is

Question # 5

Which is the quantitative method of credit control

Question # 6

What is the purpose of monetary policy

Question # 7

Non -Scheduled banks are formed under.

Question # 8

The document acquire to convert non -scheduled into scheduled bank

Question # 9

Which principle is followed by central bank to issue currency notes

Question # 10

Important functions of a central bank:

Question # 11

The external value of local currency is stablized through:

Question # 12

State Bank of Pakistan Act is

Question # 13

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

Question # 14

Credit money in the country is controlled by

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 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
4 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
5 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
6 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
7 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
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 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
10 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate

Test Questions

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