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

Qualitative methods of monetary policy do not include:

Question # 2

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

Question # 3

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

Question # 4

In the Presence of Clearing House Scheduled Banks keeps.

Question # 5

Under which Section Scheduled Bank can open new branch.

Question # 6

When was the first central bank of sub-continent established:

Question # 7

The external value of local currency is stablized through:

Question # 8

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

Question # 9

Can open new branch without the consent of Centrla Branch.

Question # 10

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

Question # 11

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

Question # 12

Scheduled bank is bound to keep with the Country.

Question # 13

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

Question # 14

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

Question # 15

Which is the quantitative method of credit control

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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 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 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
4 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
5 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
6 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
9 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
10 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above

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