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

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

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

00:00
Question # 1

Scheduled bank is bound to keep with the Country.

Question # 2

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 # 3

Which is the quantitative method of credit control

Question # 4

Qualitative methods of monetary policy do not include:

Question # 5

Credit money in the country is controlled by

Question # 6

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

Question # 7

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

Question # 8

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 9

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

Question # 10

Example of Non scheduled is

Question # 11

Central bank provides the following facility to scheduled banks:

Question # 12

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

Question # 13

The transmission of following is stopped due to clearing house:

Question # 14

Scheduled Banks can keep his totl assets outsinde the country.

Question # 15

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

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

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 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
A. 5%
B. 10%
C. 30%
D. 100%
2 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
3 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
4 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
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 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
7 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
8 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
9 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
10 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP

Test Questions