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

The transmission of following is stopped due to clearing house:

Question # 2

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

Question # 3

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

Question # 4

What is meant by margin requirement

Question # 5

Example of Non scheduled is

Question # 6

Ribs Bank of Sweden became central bank in:

Question # 7

Under which Section Scheduled Bank can open new branch.

Question # 8

Which is the quantitative method of credit control

Question # 9

Pakistan's central bank was established in:

Question # 10

What is the objective of clearing house

Question # 11

Scheduled bank is bound to keep with the Country.

Question # 12

Can open new branch without the consent of Centrla Branch.

Question # 13

What is the purpose of monetary policy

Question # 14

What are the objectives of monetary policy

Question # 15

Scheduled Banks can keep his totl assets outsinde the country.

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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 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
2 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
3 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
4 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
5 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
6 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
7 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
A. 5%
B. 10%
C. 30%
D. 100%
8 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
9 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
10 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank

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