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

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 2

Which is the quantitative method of credit control

Question # 3

Modern central banking system started in

Question # 4

Credit money in the country is controlled by

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

Which term is used in connection with monetary policy

Question # 7

The central bank works under the rules framed by:

Question # 8

Central bank provides the following facility to scheduled banks:

Question # 9

Which bank is called the mother or central banks

Question # 10

What are the objectives of monetary policy

Question # 11

What is meant by margin requirement

Question # 12

Can open new branch without the consent of Centrla Branch.

Question # 13

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

Question # 14

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

Question # 15

Centrak Bank Act as Lender of Last Resort to.

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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 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
2 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
3 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
4 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
5 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
6 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
7 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
8 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
9 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
10 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

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