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

Start Chapter 4 Test

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"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"

  • Total Questions15

  • Time Allowed20

Start Test Download PDF

Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

00:00
Question # 1

What is the purpose of monetary policy

Question # 2

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

Question # 3

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

Question # 4

Can open new branch without the consent of Centrla Branch.

Question # 5

Scheduled Banks are registred under state bank act.

Question # 6

Qualitative methods of monetary policy do not include:

Question # 7

In the Presence of Clearing House Scheduled Banks keeps.

Question # 8

Which form of automated payment would be better in paying wages to employee

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Important functions of a central bank:

Question # 13

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 # 14

The document acquire to convert non -scheduled into scheduled bank

Question # 15

Example of Non scheduled is

Submit

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test" MCQs Online With Answers


Topic Test

00:00
Submit
ic-science-white
Principles of Banking
4th Chapter

ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test" MCQ`s Test

  • H
    HASEEB Ali 02 - Mar - 2024 00 Min 20 Sec 15/15
  • S
    saif jutt basra 21 - Jun - 2022 02 Min 07 Sec 15/15
  • K
    KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 27 Sec 14/15
  • F
    FaRooq*reHan 8bp Shk 20 - Jun - 2022 03 Min 12 Sec 14/15
  • H
    Hassan Abid 23 - Jun - 2022 01 Min 48 Sec 13/15
  • K
    KHALIL UR REHAMAN 11 - Aug - 2022 02 Min 14 Sec 13/15
  • H
    Hassan Maqsood 25 - May - 2023 02 Min 40 Sec 13/15
  • P
    Pubg Acc 20 - Jun - 2022 03 Min 43 Sec 13/15
  • R
    Ramla Akhlaq 18 - Jun - 2022 01 Min 58 Sec 12/15
  • F
    Fazilat Official 14 - Dec - 2025 02 Min 04 Sec 12/15
  • M
    Mohammad Hassan Javed 26 - May - 2023 01 Min 19 Sec 11/15
  • A
    ayesha ayaz 23 - May - 2023 01 Min 40 Sec 11/15
  • M
    muhammad Noman 13 - May - 2024 02 Min 18 Sec 11/15
  • A
    Abdul Rehman 04 - May - 2024 02 Min 48 Sec 11/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
2 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
3 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
4 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
6 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
7 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
8 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
9 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
10 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security

Test Questions

Share your comments & questions here

Guest

  • No comments yet. Be the first to comment!