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

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

Question # 3

Modern central banking system started in

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

Participation term certificates are issued in place of.

Question # 6

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

Question # 7

Credit money in the country is controlled by

Question # 8

Participation term certificate are issued by.

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

Which method or methods are prevailing in Pakistan for issuing notes

Question # 11

Can open new branch without the consent of Centrla Branch.

Question # 12

Central bank provides the following facility to scheduled banks:

Question # 13

Centrak Bank Act as Lender of Last Resort to.

Question # 14

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

Question # 15

Which term is used in connection with monetary policy

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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 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
2 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
3 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
4 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
5 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
6 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
7 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
8 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
9 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
10 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate

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