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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

Documents required to conert non scheduled bank into scheduled bank.

Question # 2

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

Question # 3

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

Question # 4

Example of Non scheduled is

Question # 5

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

Question # 6

The document acquire to convert non -scheduled into scheduled bank

Question # 7

Ribs Bank of Sweden became central bank in:

Question # 8

Which function does a central bank not perform

Question # 9

Under which Section Scheduled Bank can open new branch.

Question # 10

Central bank provides the following facility to scheduled banks:

Question # 11

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

Question # 12

The transmission of following is stopped due to clearing house:

Question # 13

Which is the quantitative method of credit control

Question # 14

Scheduled Banks can keep his totl assets outsinde the country.

Question # 15

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

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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 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
4 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
5 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
6 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
7 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
8 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
9 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
10 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above

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