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

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

Question # 2

Participation term certificates are issued in place of.

Question # 3

Which is the quantitative method of credit control

Question # 4

Modern central banking system started in

Question # 5

What is the objective of clearing house

Question # 6

What are the objectives of monetary policy

Question # 7

The external value of local currency is stablized through:

Question # 8

Ribs Bank of Sweden became central bank in:

Question # 9

Non -Scheduled banks are formed under.

Question # 10

Credit money in the country is controlled by

Question # 11

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 12

Which method or methods are prevailing in Pakistan for issuing notes

Question # 13

Example of Non scheduled is

Question # 14

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

Question # 15

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

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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 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
2 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
3 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
4 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
7 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
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 term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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