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

Centrak Bank Act as Lender of Last Resort to.

Question # 2

What is meant by margin requirement

Question # 3

Which form of automated payment would be better in paying wages to employee

Question # 4

The transmission of following is stopped due to clearing house:

Question # 5

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

Question # 6

What are the objectives of monetary policy

Question # 7

Non -Scheduled banks are formed under.

Question # 8

Central bank bank supervises one of the following systems of a country:

Question # 9

State Bank of Pakistan Act is

Question # 10

In the Presence of Clearing House Scheduled Banks keeps.

Question # 11

Example of Non scheduled is

Question # 12

Central bank is owned by

Question # 13

Central Bank provide the facility to Scheduled Banks.

Question # 14

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 15

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

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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 bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
2 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
3 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)
4 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
5 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
6 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
7 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
8 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
9 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
10 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

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