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

Which term is used in connection with monetary policy

Question # 2

Non -Scheduled banks are formed under.

Question # 3

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

Question # 4

Scheduled Banks can keep his totl assets outsinde the country.

Question # 5

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

Question # 6

It is necessary for scheduled bank to.

Question # 7

The external value of local currency is stablized through:

Question # 8

Can open new branch without the consent of Centrla Branch.

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

The Bank are called Scheduled Bank which are registered with the.

Question # 11

What is the objective of clearing house

Question # 12

Modern central banking system started in

Question # 13

Credit money in the country is controlled by

Question # 14

Pakistan's central bank was established in:

Question # 15

When was the first central bank of sub-continent established:

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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 In case of inflation in the country, the rate of margin is:
A. Increased
B. Reduced
C. Waived
D. All of the above
2 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
3 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
4 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
5 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
6 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
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 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
9 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
10 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997

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