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

In the Presence of Clearing House Scheduled Banks keeps.

Question # 2

Scheduled Bank Can be registered under SBP Act.

Question # 3

What are the objectives of monetary policy

Question # 4

The transmission of following is stopped due to clearing house:

Question # 5

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

Question # 6

Qualitative methods of monetary policy do not include:

Question # 7

Non -Scheduled bank menas a bank which is not registred with.

Question # 8

Scheduled Banks can keep his totl assets outsinde the country.

Question # 9

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

Question # 10

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

Question # 11

Can open new branch without the consent of Centrla Branch.

Question # 12

Central bank is owned by

Question # 13

Which term is used in connection with monetary policy

Question # 14

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

Question # 15

Pakistan's central bank was established in:

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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 function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
2 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
3 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
4 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
5 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
6 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
7 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
8 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
9 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
10 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above

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