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 central bank works under the rules framed by:

Question # 2

Scheduled bank is bound to keep with the Country.

Question # 3

Which function does a central bank not perform

Question # 4

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

Question # 5

The document acquire to convert non -scheduled into scheduled bank

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

Question # 8

Which principle is followed by central bank to issue currency notes

Question # 9

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

Question # 10

Ribs Bank of Sweden became central bank in:

Question # 11

Participation term certificates are issued in place of.

Question # 12

Which method or methods are prevailing in Pakistan for issuing notes

Question # 13

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 14

Credit money in the country is controlled by

Question # 15

Central bank is owned by

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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 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
2 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
3 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
4 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
5 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
6 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
7 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
8 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
9 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
10 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these

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