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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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"

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

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Question # 1

Central bank is owned by

Question # 2

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

Question # 3

Central bank provides the following facility to scheduled banks:

Question # 4

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

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

Non -Scheduled banks are formed under.

Question # 7

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

Question # 8

In the Presence of Clearing House Scheduled Banks keeps.

Question # 9

What is the purpose of monetary policy

Question # 10

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

Question # 11

What are the objectives of monetary policy

Question # 12

Can open new branch without the consent of Centrla Branch.

Question # 13

Under which Section Scheduled Bank can open new branch.

Question # 14

Which principle is followed by central bank to issue currency notes

Question # 15

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

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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 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
2 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
3 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
4 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
5 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
6 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
7 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
8 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
9 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
10 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity

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