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

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

Question # 2

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

Question # 3

Modern central banking system started in

Question # 4

Important functions of a central bank:

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

Centrak Bank Act as Lender of Last Resort to.

Question # 7

The central bank works under the rules framed by:

Question # 8

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

Question # 9

Credit money in the country is controlled by

Question # 10

Which function does a central bank not perform

Question # 11

Can open new branch without the consent of Centrla Branch.

Question # 12

What are the objectives of monetary policy

Question # 13

Qualitative methods of monetary policy do not include:

Question # 14

Central bank provides the following facility to scheduled banks:

Question # 15

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

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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 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
2 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
3 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
4 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
5 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
6 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
7 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
8 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
9 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
10 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above

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