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

The document acquire to convert non -scheduled into scheduled bank

Question # 2

Scheduled Banks can keep his totl assets outsinde the country.

Question # 3

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 # 4

Which principle is followed by central bank to issue currency notes

Question # 5

Credit money in the country is controlled by

Question # 6

Central bank provides the following facility to scheduled banks:

Question # 7

Participation term certificate are issued by.

Question # 8

What are the objectives of monetary policy

Question # 9

Example of Non scheduled is

Question # 10

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

Question # 11

Modern central banking system started in

Question # 12

Pakistan's central bank was established in:

Question # 13

Which method or methods are prevailing in Pakistan for issuing notes

Question # 14

What is meant by margin requirement

Question # 15

State Bank of Pakistan Act is

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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 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
4 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
7 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
A. 5%
B. 10%
C. 30%
D. 100%
8 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
9 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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