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

Scheduled Bank Can be registered under SBP Act.

Question # 2

Which term is used in connection with monetary policy

Question # 3

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

Question # 4

The Bank are called Scheduled Bank which are registered with the.

Question # 5

Participation term certificates are issued in place of.

Question # 6

Scheduled Banks can keep his totl assets outsinde the country.

Question # 7

Example of Non scheduled is

Question # 8

The document acquire to convert non -scheduled into scheduled bank

Question # 9

Centrak Bank Act as Lender of Last Resort to.

Question # 10

Documents required to conert non scheduled bank into scheduled bank.

Question # 11

In the Presence of Clearing House Scheduled Banks keeps.

Question # 12

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

Question # 13

Which function does a central bank not perform

Question # 14

Participation term certificate are issued by.

Question # 15

What is meant by margin requirement

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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 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
2 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
3 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
4 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
5 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
6 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
7 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
8 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
9 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
10 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice

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