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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

Participation term certificates are issued in place of.

Question # 2

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

Question # 3

It is necessary for scheduled bank to.

Question # 4

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Question # 5

Scheduled bank is bound to keep with the Country.

Question # 6

The Bank are called Scheduled Bank which are registered with the.

Question # 7

Central bank is owned by

Question # 8

Central Bank provide the facility to Scheduled Banks.

Question # 9

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

Question # 10

Scheduled Banks can keep his totl assets outsinde the country.

Question # 11

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

Question # 12

Ribs Bank of Sweden became central bank in:

Question # 13

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 14

Under which Section Scheduled Bank can open new branch.

Question # 15

The document acquire to convert non -scheduled into scheduled bank

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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 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
2 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
3 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
4 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
5 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
6 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
7 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
8 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
9 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
10 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation

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