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

Ribs Bank of Sweden became central bank in:

Question # 2

Participation term certificates are issued in place of.

Question # 3

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

Question # 4

Which function does a central bank not perform

Question # 5

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

Question # 6

Documents required to conert non scheduled bank into scheduled bank.

Question # 7

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

Question # 8

Credit money in the country is controlled by

Question # 9

Non -Scheduled banks are formed under.

Question # 10

Central bank provides the following facility to scheduled banks:

Question # 11

Example of Non scheduled is

Question # 12

Modern central banking system started in

Question # 13

Scheduled Banks are registred under state bank act.

Question # 14

The document acquire to convert non -scheduled into scheduled bank

Question # 15

In the Presence of Clearing House Scheduled Banks keeps.

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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 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
2 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
3 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
4 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
5 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
6 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
7 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
8 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
9 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
10 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)

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