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

Ribs Bank of Sweden became central bank in:

Question # 2

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

Question # 3

Important functions of a central bank:

Question # 4

Non -Scheduled bank menas a bank which is not registred with.

Question # 5

What is meant by margin requirement

Question # 6

It is necessary for scheduled bank to.

Question # 7

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

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

Which principle is followed by central bank to issue currency notes

Question # 10

Central Bank provide the facility to Scheduled Banks.

Question # 11

Which function does a central bank not perform

Question # 12

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

Question # 13

Scheduled Banks can keep his totl assets outsinde the country.

Question # 14

Scheduled bank is bound to keep with the Country.

Question # 15

Qualitative methods of monetary policy do not include:

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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 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
2 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
3 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
4 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
5 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
6 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
7 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
8 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
9 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
10 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills

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