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

Qualitative methods of monetary policy do not include:

Question # 2

State Bank of Pakistan Act is

Question # 3

It is necessary for scheduled bank to.

Question # 4

Central Bank provide the facility to Scheduled Banks.

Question # 5

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

Question # 6

Pakistan's central bank was established in:

Question # 7

Scheduled Banks are registred under state bank act.

Question # 8

Central bank is owned by

Question # 9

Important functions of a central bank:

Question # 10

Participation term certificate are issued by.

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

Scheduled Banks can keep his totl assets outsinde the country.

Question # 14

Under which Section Scheduled Bank can open new branch.

Question # 15

Which form of automated payment would be better in paying wages to employee

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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 external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
2 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
3 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
4 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
5 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
6 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
7 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
8 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
9 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
10 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these

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