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

Qualitative methods of monetary policy do not include:

Question # 3

When was the first central bank of sub-continent established:

Question # 4

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

Question # 5

Pakistan's central bank was established in:

Question # 6

The transmission of following is stopped due to clearing house:

Question # 7

Which principle is followed by central bank to issue currency notes

Question # 8

The document acquire to convert non -scheduled into scheduled bank

Question # 9

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

Question # 10

Which term is used in connection with monetary policy

Question # 11

Participation term certificate are issued by.

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

Which bank is called the mother or central banks

Question # 14

The central bank works under the rules framed by:

Question # 15

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

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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 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
2 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
3 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
4 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
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 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
8 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
9 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
10 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public

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