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 bank menas a bank which is not registred with.

Question # 2

Participation term certificate are issued by.

Question # 3

In case of inflation in the country, the rate of margin is:

Question # 4

Example of Non scheduled is

Question # 5

Non- Scheduled banks are formed under co-opeative society Act.

Question # 6

Documents required to conert non scheduled bank into scheduled bank.

Question # 7

State Bank of Pakistan Act is

Question # 8

What is the objective of clearing house

Question # 9

Non -Scheduled banks are formed under.

Question # 10

Central bank is owned by

Question # 11

It is necessary for scheduled bank to.

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

Scheduled bank is bound to keep with the Country.

Question # 14

Important functions of a central bank:

Question # 15

Scheduled Banks are registred under state bank act.

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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 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
2 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
3 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
4 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
5 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
6 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
7 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
8 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
9 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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