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

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

Question # 2

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

Question # 3

What is the purpose of monetary policy

Question # 4

In the Presence of Clearing House Scheduled Banks keeps.

Question # 5

Central bank provides the following facility to scheduled banks:

Question # 6

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

Question # 7

Credit money in the country is controlled by

Question # 8

The document acquire to convert non -scheduled into scheduled bank

Question # 9

Scheduled Bank Can be registered under SBP Act.

Question # 10

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

Question # 11

Participation term certificate are issued by.

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

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

Question # 14

Scheduled bank is bound to keep with the Country.

Question # 15

State Bank of Pakistan Act 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 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
4 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
5 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
6 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
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 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
9 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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