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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

The central bank works under the rules framed by:

Question # 2

The document acquire to convert non -scheduled into scheduled bank

Question # 3

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

Question # 4

Centrak Bank Act as Lender of Last Resort to.

Question # 5

The external value of local currency is stablized through:

Question # 6

Central bank provides the following facility to scheduled banks:

Question # 7

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

Question # 8

Pakistan's central bank was established in:

Question # 9

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

Question # 10

Scheduled Banks can keep his totl assets outsinde the country.

Question # 11

Scheduled Bank Can be registered under SBP Act.

Question # 12

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

Question # 13

Ribs Bank of Sweden became central bank in:

Question # 14

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

Question # 15

Example of Non scheduled 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 the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
2 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
3 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
4 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
5 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
6 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
7 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
9 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
10 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

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