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

Credit money in the country is controlled by

Question # 3

Which function does a central bank not perform

Question # 4

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

Question # 5

Participation term certificate are issued by.

Question # 6

Which term is used in connection with monetary policy

Question # 7

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

Question # 8

The external value of local currency is stablized through:

Question # 9

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

Question # 10

Scheduled Banks can keep his totl assets outsinde the country.

Question # 11

Scheduled Banks are registred under state bank act.

Question # 12

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

Question # 13

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 # 14

Scheduled bank is bound to keep with the Country.

Question # 15

Under which Section Scheduled Bank can open new branch.

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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 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
2 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of 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 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
6 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
7 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
9 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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