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

Modern central banking system started in

Question # 2

The transmission of following is stopped due to clearing house:

Question # 3

Qualitative methods of monetary policy do not include:

Question # 4

Which principle is followed by central bank to issue currency notes

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

It is necessary for scheduled bank to.

Question # 7

Which form of automated payment would be better in paying wages to employee

Question # 8

In the Presence of Clearing House Scheduled Banks keeps.

Question # 9

Participation term certificate are issued by.

Question # 10

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

Question # 11

Which bank is called the mother or central banks

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

Credit money in the country is controlled by

Question # 14

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 # 15

When was the first central bank of sub-continent established:

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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 bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
2 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
4 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
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 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 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
9 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
10 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)

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