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4th Chapter

12th Principles of Banking Chapter 4 Test

Here you can prepare 12th Class Principles of Banking Chapter 4 Central Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

This online test contains MCQs about following topics:

. Introduction and growth of central bank . Definition of central bank and its principles . Functions of central bank . Clearing house and working of clearing house . Advantages of clearing house . Tools of monetary policy . Diffeculties in controlling credit . Differnece between central bank and commercial bank

ICOM Part 2 Banking Ch 4 Test
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12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 What is the objective of clearing house
  • A. To control credit money
  • B. To clear the transactions of different banks
  • C. Training of banking staff
  • D. Re-discounting of bills
2 Under which Section Scheduled Bank can open new branch.
  • A. Section 38
  • B. Section 39
  • C. Section 40
  • D. Section 41
3 What are the objectives of monetary policy
  • A. Stability in price
  • B. Exchange stability
  • C. Stability in capital market
  • D. All of the above
4 Non -Scheduled banks are formed under.
  • A. Sole trader ship
  • B. Firm
  • C. Joint Stock Co.
  • D. Co-operative society Act
5 Which method or methods are prevailing in Pakistan for issuing notes
  • A. Fixed Fiduciary System
  • B. Proportional Reserve System
  • C. Both a and b
  • D. None of the these
6 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
  • A. Rs. 05 million
  • B. Rs. 06 million
  • C. Rs. 10 Billion
  • D. Rs. 07 billion
7 The external value of local currency is stablized through:
  • A. Monetary policy
  • B. Increase in prices
  • C. Trade policy
  • D. All of the above
8 In the Presence of Clearing House Scheduled Banks keeps.
  • A. Less Cash Reserve
  • B. More Cash Reserve
  • C. No cash reserve
  • D. Fixed cash reserved
9 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
10 Ribs Bank of Sweden became central bank in:
  • A. 1568
  • B. 1668
  • C. 1768
  • D. None of the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

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Saif Jutt Basra

Lahore21 - Jun - 2022

15/15
02 Mins 07 Sec
S

Saif Jutt Basra

Lahore15 - Jun - 2022

14/15
01 Mins 53 Sec
S

Saif Jutt Basra

Lahore15 - Jun - 2022

14/15
02 Mins 15 Sec
S

Saif Jutt Basra

Lahore15 - Jun - 2022

14/15
02 Mins 23 Sec
S

Saif Jutt Basra

Lahore21 - Jun - 2022

14/15
02 Mins 48 Sec
F

Farooq*Rehan 8Bp Shk

Lahore20 - Jun - 2022

14/15
03 Mins 12 Sec
H

Hassan Abid

Lahore23 - Jun - 2022

13/15
01 Mins 48 Sec
P

Pubg Acc

Lahore20 - Jun - 2022

13/15
03 Mins 43 Sec
R

Ramla Akhlaq

Lahore18 - Jun - 2022

12/15
01 Mins 58 Sec
S

Saif Jutt Basra

Lahore21 - Jun - 2022

12/15
02 Mins 17 Sec
S

Saif Jutt Basra

Lahore15 - Jun - 2022

11/15
02 Mins 42 Sec
S

Shifa Awan

Lahore13 - Jun - 2022

11/15
04 Mins 50 Sec
X

Xyz

Lahore18 - Jun - 2022

10/15
01 Mins 41 Sec
K

Khudeja Noor

Lahore16 - May - 2022

9/15
02 Mins 44 Sec
H

Hamza Abid

Abbottabad22 - Jun - 2022

9/15
10 Mins 50 Sec

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