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

Under which Section Scheduled Bank can open new branch.

Question # 2

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

Question # 3

Which function does a central bank not perform

Question # 4

Example of Non scheduled is

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

What are the objectives of monetary policy

Question # 7

Which term is used in connection with monetary policy

Question # 8

What is the purpose of monetary policy

Question # 9

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

Question # 10

It is necessary for scheduled bank to.

Question # 11

Non -Scheduled bank menas a bank which is not registred with.

Question # 12

Central bank provides the following facility to scheduled banks:

Question # 13

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

Question # 14

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

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 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
2 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
3 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
4 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
5 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
6 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
7 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
8 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
9 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
10 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

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