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

00:00
Question # 1

Participation term certificates are issued in place of.

Question # 2

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

Question # 3

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

Question # 4

The central bank works under the rules framed by:

Question # 5

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

Question # 6

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

Question # 7

Important functions of a central bank:

Question # 8

What is meant by margin requirement

Question # 9

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

Question # 10

Pakistan's central bank was established in:

Question # 11

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

Question # 12

The document acquire to convert non -scheduled into scheduled bank

Question # 13

Non- Scheduled banks are formed under co-opeative society Act.

Question # 14

What are the objectives of monetary policy

Question # 15

In the Presence of Clearing House Scheduled Banks keeps.

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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 co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
2 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
3 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
4 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
5 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
6 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
7 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
8 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
9 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
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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