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 Bank are called Scheduled Bank which are registered with the.

Question # 2

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

Question # 3

Which bank is called the mother or central banks

Question # 4

Which principle is followed by central bank to issue currency notes

Question # 5

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

Question # 6

What is the purpose of monetary policy

Question # 7

The central bank works under the rules framed by:

Question # 8

What are the objectives of monetary policy

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

Central Bank provide the facility to Scheduled Banks.

Question # 11

What is the objective of clearing house

Question # 12

Pakistan's central bank was established in:

Question # 13

Which method or methods are prevailing in Pakistan for issuing notes

Question # 14

Scheduled bank is bound to keep with the Country.

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 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
2 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
3 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
4 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
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
7 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
8 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
9 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
10 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

Test Questions

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