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

State Bank of Pakistan Act is

Question # 2

Central bank is owned by

Question # 3

What is the purpose of monetary policy

Question # 4

Under which Section Scheduled Bank can open new branch.

Question # 5

Centrak Bank Act as Lender of Last Resort to.

Question # 6

The document acquire to convert non -scheduled into scheduled bank

Question # 7

It is necessary for scheduled bank to.

Question # 8

Central bank provides the following facility to scheduled banks:

Question # 9

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

Question # 10

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

Question # 11

Which function does a central bank not perform

Question # 12

In the Presence of Clearing House Scheduled Banks keeps.

Question # 13

Which term is used in connection with monetary policy

Question # 14

Central Bank provide the facility to Scheduled Banks.

Question # 15

When was the first central bank of sub-continent established:

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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 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
2 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
3 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
4 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
5 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
6 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
7 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
8 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
9 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
10 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950

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