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 Bank are called Scheduled Bank which are registered with the.

Question # 2

What is the purpose of monetary policy

Question # 3

Scheduled Bank Can be registered under SBP Act.

Question # 4

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 5

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

Question # 6

What are the objectives of monetary policy

Question # 7

Scheduled Banks can keep his totl assets outsinde the country.

Question # 8

Which function does a central bank not perform

Question # 9

Which bank is called the mother or central banks

Question # 10

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

Question # 11

Which principle is followed by central bank to issue currency notes

Question # 12

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

Question # 13

Central bank is owned by

Question # 14

Scheduled Banks are registred under state bank act.

Question # 15

It is necessary for scheduled bank 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 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
2 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
4 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
5 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
6 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
7 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
8 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
9 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
10 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above

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