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

Which principle is followed by central bank to issue currency notes

Question # 2

The central bank works under the rules framed by:

Question # 3

Participation term certificate are issued by.

Question # 4

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

Question # 5

Which method or methods are prevailing in Pakistan for issuing notes

Question # 6

Central bank provides the following facility to scheduled banks:

Question # 7

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

Question # 8

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

Question # 9

Central bank is owned by

Question # 10

Which bank is called the mother or central banks

Question # 11

The transmission of following is stopped due to clearing house:

Question # 12

Important functions of a central bank:

Question # 13

State Bank of Pakistan Act is

Question # 14

Qualitative methods of monetary policy do not include:

Question # 15

The external value of local currency is stablized through:

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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 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
2 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
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 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
7 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
8 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
9 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
10 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935

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