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

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 2

Example of Non scheduled is

Question # 3

Documents required to conert non scheduled bank into scheduled bank.

Question # 4

Participation term certificates are issued in place of.

Question # 5

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

Question # 6

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

Question # 7

The document acquire to convert non -scheduled into scheduled bank

Question # 8

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

Question # 9

Scheduled Banks are registred under state bank act.

Question # 10

Central bank provides the following facility to scheduled banks:

Question # 11

The external value of local currency is stablized through:

Question # 12

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

Question # 13

Participation term certificate are issued by.

Question # 14

Credit money in the country is controlled by

Question # 15

Ribs Bank of Sweden became central bank in:

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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 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
2 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
4 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
5 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
6 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
7 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
8 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
9 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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