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

Participation term certificate are issued by.

Question # 2

Scheduled Banks are registred under state bank act.

Question # 3

Which function does a central bank not perform

Question # 4

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

Question # 5

What is the objective of clearing house

Question # 6

Can open new branch without the consent of Centrla Branch.

Question # 7

Which method or methods are prevailing in Pakistan for issuing notes

Question # 8

Which is the quantitative method of credit control

Question # 9

It is necessary for scheduled bank to.

Question # 10

Central bank is owned by

Question # 11

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

Question # 12

Example of Non scheduled is

Question # 13

Central Bank provide the facility to Scheduled Banks.

Question # 14

Centrak Bank Act as Lender of Last Resort to.

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 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
2 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
3 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
4 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
5 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
6 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
7 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
8 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
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 provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above

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