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

Non -Scheduled banks are formed under.

Question # 2

Which is the quantitative method of credit control

Question # 3

What is the objective of clearing house

Question # 4

When was the first central bank of sub-continent established:

Question # 5

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

Question # 6

Pakistan's central bank was established in:

Question # 7

Under which Section Scheduled Bank can open new branch.

Question # 8

Participation term certificate are issued by.

Question # 9

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

Question # 10

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 11

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

Question # 12

Which principle is followed by central bank to issue currency notes

Question # 13

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

Question # 14

Ribs Bank of Sweden became central bank in:

Question # 15

What are the objectives of monetary policy

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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 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
2 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
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 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 is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
6 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
7 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
8 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
9 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
10 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911

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