12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

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Sr.#	Question	Answer
1	Modern central banking system started in	A. 18th Century B. 19th Century C. 20th Century D. None of these
2	Central bank provides the following facility to scheduled banks:	A. Feast B. Godown C. Clearing house D. None of the above
3	Scheduled Banks are registred under state bank act.	A. 1956 B. 1984 C. 1962 D. 1932
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	Pakistan's central bank was established in:	A. 1947 B. 1948 C. 1949 D. 1950
6	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
7	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
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	In the Presence of Clearing House Scheduled Banks keeps.	A. Less Cash Reserve B. More Cash Reserve C. No cash reserve D. Fixed cash reserved
10	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