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 external value of local currency is stablized through:

Question # 2

Scheduled Bank Can be registered under SBP Act.

Question # 3

The document acquire to convert non -scheduled into scheduled bank

Question # 4

Which is the quantitative method of credit control

Question # 5

Which function does a central bank not perform

Question # 6

Participation term certificates are issued in place of.

Question # 7

What is the purpose of monetary policy

Question # 8

State Bank of Pakistan Act is

Question # 9

It is necessary for scheduled bank to.

Question # 10

Non -Scheduled banks are formed under.

Question # 11

Which method or methods are prevailing in Pakistan for issuing notes

Question # 12

In the Presence of Clearing House Scheduled Banks keeps.

Question # 13

The central bank works under the rules framed by:

Question # 14

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

Question # 15

Credit money in the country is controlled by

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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 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
2 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
3 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
4 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
5 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
6 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
7 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
8 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
9 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
10 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society

Test Questions

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