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

What are the objectives of monetary policy

Question # 2

Which function does a central bank not perform

Question # 3

What is the objective of clearing house

Question # 4

Centrak Bank Act as Lender of Last Resort to.

Question # 5

The transmission of following is stopped due to clearing house:

Question # 6

In case of inflation in the country, the rate of margin is:

Question # 7

Central bank is owned by

Question # 8

Important functions of a central bank:

Question # 9

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

Question # 10

Which is the quantitative method of credit control

Question # 11

What is the purpose of monetary policy

Question # 12

Qualitative methods of monetary policy do not include:

Question # 13

In the Presence of Clearing House Scheduled Banks keeps.

Question # 14

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

Question # 15

Documents required to conert non scheduled bank 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 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
2 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
3 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
4 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
5 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
6 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
7 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
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 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
10 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer

Test Questions

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