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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

Ribs Bank of Sweden became central bank in:

Question # 2

Important functions of a central bank:

Question # 3

Pakistan's central bank was established in:

Question # 4

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

Question # 5

Participation term certificate are issued by.

Question # 6

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

Question # 7

Example of Non scheduled is

Question # 8

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

Question # 9

Scheduled bank is bound to keep with the Country.

Question # 10

The document acquire to convert non -scheduled into scheduled bank

Question # 11

The central bank works under the rules framed by:

Question # 12

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

Question # 13

Which is the quantitative method of credit control

Question # 14

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

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 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
2 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
3 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
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 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
6 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
7 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
8 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%
9 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
10 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank

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