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

It is necessary for scheduled bank to.

Question # 2

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 3

In the Presence of Clearing House Scheduled Banks keeps.

Question # 4

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

Question # 5

Can open new branch without the consent of Centrla Branch.

Question # 6

Which is the quantitative method of credit control

Question # 7

The external value of local currency is stablized through:

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

What is the purpose of monetary policy

Question # 10

Which function does a central bank not perform

Question # 11

Example of Non scheduled is

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

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

Question # 14

Central bank provides the following facility to scheduled banks:

Question # 15

Credit money in the country is controlled by

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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 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
2 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
3 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
4 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
5 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
6 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
7 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
8 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
9 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
10 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

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