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 is the quantitative method of credit control

Question # 2

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

Question # 3

What is the purpose of monetary policy

Question # 4

The external value of local currency is stablized through:

Question # 5

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

Question # 6

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

Question # 7

Scheduled Banks can keep his totl assets outsinde the country.

Question # 8

Qualitative methods of monetary policy do not include:

Question # 9

Ribs Bank of Sweden became central bank in:

Question # 10

Example of Non scheduled is

Question # 11

Credit money in the country is controlled by

Question # 12

Scheduled Banks are registred under state bank act.

Question # 13

Can open new branch without the consent of Centrla Branch.

Question # 14

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

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 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
2 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
3 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
4 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
5 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
6 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
7 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
8 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
9 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
10 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above

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