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

The external value of local currency is stablized through:

Question # 2

Can open new branch without the consent of Centrla Branch.

Question # 3

What is the objective of clearing house

Question # 4

It is necessary for scheduled bank to.

Question # 5

What are the objectives of monetary policy

Question # 6

Scheduled bank is bound to keep with the Country.

Question # 7

What is meant by margin requirement

Question # 8

State Bank of Pakistan Act is

Question # 9

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

Question # 10

Credit money in the country is controlled by

Question # 11

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

Question # 12

Central bank provides the following facility to scheduled banks:

Question # 13

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

Question # 14

Central bank is owned by

Question # 15

The document acquire to convert non -scheduled into scheduled bank

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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 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
2 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
4 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
5 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
9 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
10 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England

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