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

Scheduled Banks are registred under state bank act.

Question # 2

Which term is used in connection with monetary policy

Question # 3

Can open new branch without the consent of Centrla Branch.

Question # 4

If the quatity of money in circulation increases then this situation is called:

Question # 5

Credit money in the country is controlled by

Question # 6

Documents required to conert non scheduled bank into scheduled bank.

Question # 7

Central bank bank supervises one of the following systems of a country:

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

The external value of local currency is stablized through:

Question # 10

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

Question # 11

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

Question # 12

The transmission of following is stopped due to clearing house:

Question # 13

Participation term certificates are issued in place of.

Question # 14

Central bank provides the following facility to scheduled banks:

Question # 15

Important functions of a central 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 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
2 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
3 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
4 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
5 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
6 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
7 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
8 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
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 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation

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