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 external value of local currency is stablized through:

Question # 2

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

Question # 3

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

Question # 4

Central bank bank supervises one of the following systems of a country:

Question # 5

Which is the quantitative method of credit control

Question # 6

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 7

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

Question # 8

Which principle is followed by central bank to issue currency notes

Question # 9

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

Question # 10

Participation term certificate are issued by.

Question # 11

The transmission of following is stopped due to clearing house:

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Question # 14

Documents required to conert non scheduled bank into scheduled bank.

Question # 15

Participation term certificates are issued in place of.

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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 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
2 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
3 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
4 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
5 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
6 Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
A. 5%
B. 10%
C. 30%
D. 100%
7 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
8 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
9 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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