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

Pakistan's central bank was established in:

Question # 2

Central Bank provide the facility to Scheduled Banks.

Question # 3

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

Question # 4

Central bank is owned by

Question # 5

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

Question # 6

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

Question # 7

The central bank works under the rules framed by:

Question # 8

Modern central banking system started in

Question # 9

Important functions of a central bank:

Question # 10

In the Presence of Clearing House Scheduled Banks keeps.

Question # 11

It is necessary for scheduled bank to.

Question # 12

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 13

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

Question # 14

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

Question # 15

Can open new branch without the consent of Centrla Branch.

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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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
2 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
3 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
4 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
7 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
8 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
9 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
10 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP

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