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

Central bank provides the following facility to scheduled banks:

Question # 2

Credit money in the country is controlled by

Question # 3

What is the objective of clearing house

Question # 4

What are the objectives of monetary policy

Question # 5

The central bank works under the rules framed by:

Question # 6

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 7

Scheduled bank is bound to keep with the Country.

Question # 8

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

Question # 9

The external value of local currency is stablized through:

Question # 10

Under which Section Scheduled Bank can open new branch.

Question # 11

Important functions of a central bank:

Question # 12

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

Question # 13

In the Presence of Clearing House Scheduled Banks keeps.

Question # 14

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

Question # 15

Which bank is called the mother or central banks

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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 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
2 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
3 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
4 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
5 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
6 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
7 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
8 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
9 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
10 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above

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