12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

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Sr.#	Question	Answer
1	Scheduled Banks can keep his totl assets outsinde the country.	A. 80% B. 60% C. 40% D. 20%
2	Which function does a central bank not perform	A. Credit creation B. Advancing loans C. Lender of last resort D. Banker of the public
3	When was the first central bank of sub-continent established:	A. 1635 B. 1732 C. 1835 D. 1935
4	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
5	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)
6	If the quatity of money in circulation increases then this situation is called:	A. Inflation B. Deflation C. Money market D. All of the above
7	If credit money is controlled by the sale and purchase of government securities, it is called	A. Direct action B. Moral persuation C. Change in reserve ration D. Open market operation
8	What are the objectives of monetary policy	A. Stability in price B. Exchange stability C. Stability in capital market D. All of the above
9	Non- Scheduled banks are formed under co-opeative society Act.	A. 1932 B. 1925 C. 1984 D. 1911
10	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