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4th Chapter

12th Principles of Banking Chapter 4 Test

Here you can prepare 12th Class Principles of Banking Chapter 4 Central Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

This online test contains MCQs about following topics:

. Introduction and growth of central bank . Definition of central bank and its principles . Functions of central bank . Clearing house and working of clearing house . Advantages of clearing house . Tools of monetary policy . Diffeculties in controlling credit . Differnece between central bank and commercial bank

ICOM Part 2 Banking Ch 4 Test
ic

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 Which term is used in connection with monetary policy
  • A. Bank rate
  • B. Exchange rate
  • C. Wage rate
  • D. Market rate
2 State Bank of Pakistan Act is
  • A. 1932
  • B. 1962
  • C. 1984
  • D. 1997
3 Under which Section Scheduled Bank can open new branch.
  • A. Section 38
  • B. Section 39
  • C. Section 40
  • D. Section 41
4 Central bank is owned by
  • A. Public
  • B. Government
  • C. Commercial baks
  • D. All of the above
5 The document acquire to convert non -scheduled into scheduled bank
  • A. Prospectus
  • B. Debentures
  • C. By laws copy
  • D. Audited Annual Report
6 Scheduled Banks are registred under state bank act.
  • A. 1956
  • B. 1984
  • C. 1962
  • D. 1932
7 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
8 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
9 It is necessary for scheduled bank to.
  • A. Obey SBP
  • B. Submit report to SBP
  • C. Get the Book checked
  • D. All the above
10 In case of inflation in the country, the rate of margin is:
  • A. Increased
  • B. Reduced
  • C. Waived
  • D. All of the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

H

Hassan Maqsood

Lahore25 - May - 2023

13/15
02 Mins 40 Sec
M

Mohammad Hassan Javed

Lahore26 - May - 2023

11/15
01 Mins 19 Sec
A

Ayesha Ayaz

Lahore23 - May - 2023

11/15
01 Mins 40 Sec
M

Mohammad Hassan Javed

Lahore26 - May - 2023

11/15
01 Mins 41 Sec
A

Ayesha Ayaz

Lahore23 - May - 2023

11/15
02 Mins 34 Sec
D

Danish Butt

Lahore11 - Mar - 2023

11/15
03 Mins 22 Sec
A

Ahad Jutt

Lahore25 - May - 2023

11/15
03 Mins 37 Sec
H

Hamza Abid

Abbottabad15 - May - 2023

11/15
10 Mins 50 Sec
D

Danish Butt

Lahore11 - Mar - 2023

10/15
03 Mins 06 Sec
M

Mustafa Naeem

Lahore25 - May - 2023

10/15
03 Mins 45 Sec
A

Ayesha Ayaz

Lahore16 - May - 2023

9/15
01 Mins 32 Sec
M

Mustafa Naeem

Lahore25 - May - 2023

9/15
04 Mins 10 Sec

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