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

Question # 2

The document acquire to convert non -scheduled into scheduled bank

Question # 3

Pakistan's central bank was established in:

Question # 4

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

Question # 5

Which form of automated payment would be better in paying wages to employee

Question # 6

Credit money in the country is controlled by

Question # 7

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

Question # 8

Participation term certificates are issued in place of.

Question # 9

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

Question # 10

Which term is used in connection with monetary policy

Question # 11

Non -Scheduled banks are formed under.

Question # 12

What are the objectives of monetary policy

Question # 13

Central Bank provide the facility to Scheduled Banks.

Question # 14

The external value of local currency is stablized through:

Question # 15

Important functions of a central 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 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
2 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
3 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
4 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
5 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 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
8 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
9 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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