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 transmission of following is stopped due to clearing house:

Question # 2

Pakistan's central bank was established in:

Question # 3

Modern central banking system started in

Question # 4

Which bank is called the mother or central banks

Question # 5

Important functions of a central bank:

Question # 6

What is the purpose of monetary policy

Question # 7

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

Question # 8

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

Question # 9

What is meant by margin requirement

Question # 10

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

Question # 11

The central bank works under the rules framed by:

Question # 12

Scheduled Bank Can be registered under SBP Act.

Question # 13

Qualitative methods of monetary policy do not include:

Question # 14

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

Question # 15

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

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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 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
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 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
5 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
6 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
7 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
8 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
9 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
10 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above

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