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

It is necessary for scheduled bank to.

Question # 2

Which term is used in connection with monetary policy

Question # 3

In the Presence of Clearing House Scheduled Banks keeps.

Question # 4

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

Question # 5

Can open new branch without the consent of Centrla Branch.

Question # 6

Central bank provides the following facility to scheduled banks:

Question # 7

Which bank is called the mother or central banks

Question # 8

The transmission of following is stopped due to clearing house:

Question # 9

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

Question # 10

The external value of local currency is stablized through:

Question # 11

Scheduled Banks are registred under state bank act.

Question # 12

The document acquire to convert non -scheduled into scheduled bank

Question # 13

Central bank bank supervises one of the following systems of a country:

Question # 14

Pakistan's central bank was established in:

Question # 15

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

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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 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
2 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
4 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)
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
7 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
8 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
9 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
10 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act

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