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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

Can open new branch without the consent of Centrla Branch.

Question # 2

The document acquire to convert non -scheduled into scheduled bank

Question # 3

State Bank of Pakistan Act is

Question # 4

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

Question # 5

Central Bank provide the facility to Scheduled Banks.

Question # 6

Which function does a central bank not perform

Question # 7

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

Question # 8

Which is the quantitative method of credit control

Question # 9

Which bank is called the mother or central banks

Question # 10

Non -Scheduled banks are formed under.

Question # 11

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

Question # 12

The central bank works under the rules framed by:

Question # 13

Scheduled Banks are registred under state bank act.

Question # 14

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

Question # 15

The external value of local currency is stablized through:

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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 Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
A. 5%
B. 10%
C. 30%
D. 100%
2 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
4 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
5 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
6 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
7 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
8 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
9 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
10 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation

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