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

Question # 2

The document acquire to convert non -scheduled into scheduled bank

Question # 3

Which method or methods are prevailing in Pakistan for issuing notes

Question # 4

Important functions of a central bank:

Question # 5

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

Question # 6

State Bank of Pakistan Act is

Question # 7

Participation term certificate are issued by.

Question # 8

Under which Section Scheduled Bank can open new branch.

Question # 9

Which principle is followed by central bank to issue currency notes

Question # 10

Qualitative methods of monetary policy do not include:

Question # 11

Scheduled Banks can keep his totl assets outsinde the country.

Question # 12

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

Question # 13

Which term is used in connection with monetary policy

Question # 14

The central bank works under the rules framed by:

Question # 15

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

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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 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
4 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
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 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
7 Which bank is called the mother or central banks
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
8 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
9 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
10 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above

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