12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	In case of inflation Bank rate.	Constant Decreases Increases None of these
2	The Central Bank sells Govt. Securities in.	Summer Deflation Winter Inflation
3	Central Bank is the Leader of.	Capital Market Money Market Both a and b Open market
4	Qualitative methods are control over.	Currency Govt Banks Public
5	Open market operation means.	Purchase and sale of shares Purchases and sale of securities Purchase and sale of assets None of these
6	Certain Percentage of Gold to issue currency notes.	Fixed Fiduciary method Proportionate Reserve Min. Reserve system None of these
7	Up to December 1965, Pakistan used method of note issue.	Proportional Reserve system Min. Reserve system Fixed fiduciary system All of these
8	Whihc of the following is the most elastic method for issuing notes.	Fix fiduciary system Minium Reserve system Proportional Reserve system None of these
9	Quantitive methods are contral on	Banks Currency Govt. Public
10	Which of the following is not an objective of central bank.	Economic development Helping Govt Walfare of economy Credit creation
11	An increase in the reseve requirement causes.	More credit Creation Less Credit Creation Stop credit creation None of these
12	If Central Bank wants to increase the quantity of money in country it.	Sells securities Purchase securities Create Credit All the above
13	The capital of stat bank of the time of establishment was.	Rs. 30 millions Rs. 450 milliions Rs.300 millions Rs. 30 billions
14	In how many days would a schque between banks clear through the clearing system.	7 days 3 days 10 days 5 days
15	Which account is called non operating account.	Current account Saving account Fixed account BBA account

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