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

Non -Scheduled banks are formed under.

Question # 2

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

Question # 3

Important functions of a central bank:

Question # 4

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

Question # 5

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

Question # 6

Under which Section Scheduled Bank can open new branch.

Question # 7

Which principle is followed by central bank to issue currency notes

Question # 8

The external value of local currency is stablized through:

Question # 9

Scheduled Banks are registred under state bank act.

Question # 10

Ribs Bank of Sweden became central bank in:

Question # 11

The document acquire to convert non -scheduled into scheduled bank

Question # 12

It is necessary for scheduled bank to.

Question # 13

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

Question # 14

Example of Non scheduled is

Question # 15

Scheduled Banks can keep his totl assets outsinde the country.

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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 certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
2 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
3 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
4 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
5 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
6 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
7 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
8 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
9 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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