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

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

Question # 2

Which term is used in connection with monetary policy

Question # 3

Non -Scheduled banks are formed under.

Question # 4

Scheduled Banks are registred under state bank act.

Question # 5

The external value of local currency is stablized through:

Question # 6

It is necessary for scheduled bank to.

Question # 7

State Bank of Pakistan Act is

Question # 8

What is the objective of clearing house

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

Important functions of a central bank:

Question # 11

What is meant by margin requirement

Question # 12

Can open new branch without the consent of Centrla Branch.

Question # 13

Central bank provides the following facility to scheduled banks:

Question # 14

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

Question # 15

Ribs Bank of Sweden became central bank in:

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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 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
2 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
5 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
6 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
7 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)
8 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
9 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%
10 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above

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