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

Example of Non scheduled is

Question # 4

Which bank is called the mother or central banks

Question # 5

Which term is used in connection with monetary policy

Question # 6

Which function does a central bank not perform

Question # 7

Non -Scheduled bank menas a bank which is not registred with.

Question # 8

Participation term certificate are issued by.

Question # 9

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 # 10

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

Question # 11

Credit money in the country is controlled by

Question # 12

Scheduled Banks are registred under state bank act.

Question # 13

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

Question # 14

Scheduled Banks can keep his totl assets outsinde the country.

Question # 15

Centrak Bank Act as Lender of Last Resort to.

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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 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
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 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
4 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
5 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
6 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
7 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
8 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
9 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
10 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity

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