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

Which bank is called the mother or central banks

Question # 2

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

Question # 3

Central bank provides the following facility to scheduled banks:

Question # 4

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

Question # 5

It is necessary for scheduled bank to.

Question # 6

Documents required to conert non scheduled bank into scheduled bank.

Question # 7

In the Presence of Clearing House Scheduled Banks keeps.

Question # 8

The external value of local currency is stablized through:

Question # 9

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

Question # 10

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 11

Central bank is owned by

Question # 12

Important functions of a central bank:

Question # 13

Which form of automated payment would be better in paying wages to employee

Question # 14

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

Question # 15

Qualitative methods of monetary policy do not include:

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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 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
2 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
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 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
5 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
6 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
7 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
8 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
9 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
10 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above

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