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

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 2

Which function does a central bank not perform

Question # 3

It is necessary for scheduled bank to.

Question # 4

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

Question # 5

The central bank works under the rules framed by:

Question # 6

Ribs Bank of Sweden became central bank in:

Question # 7

Qualitative methods of monetary policy do not include:

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

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

Question # 10

Central Bank provide the facility to Scheduled Banks.

Question # 11

Participation term certificate are issued by.

Question # 12

Participation term certificates are issued in place of.

Question # 13

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

Question # 14

Credit money in the country is controlled by

Question # 15

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

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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 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
2 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
3 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
4 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
5 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
6 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
7 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
8 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
9 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
10 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer

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