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

Ribs Bank of Sweden became central bank in:

Question # 2

The external value of local currency is stablized through:

Question # 3

What are the objectives of monetary policy

Question # 4

Central bank provides the following facility to scheduled banks:

Question # 5

Under which Section Scheduled Bank can open new branch.

Question # 6

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 7

Central Bank provide the facility to Scheduled Banks.

Question # 8

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

Question # 9

Documents required to conert non scheduled bank into scheduled bank.

Question # 10

Which bank is called the mother or central banks

Question # 11

Participation term certificates are issued in place of.

Question # 12

Which is the quantitative method of credit control

Question # 13

Credit money in the country is controlled by

Question # 14

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

Question # 15

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

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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 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
2 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
3 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
A. 5%
B. 10%
C. 30%
D. 100%
4 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
5 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
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 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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
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 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

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