4th Chapter

12th Principles of Banking Chapter 4 Test

Here you can prepare 12th Class Principles of Banking Chapter 4 Central Bank Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

This online test contains MCQs about following topics:

. Introduction and growth of central bank . Definition of central bank and its principles . Functions of central bank . Clearing house and working of clearing house . Advantages of clearing house . Tools of monetary policy . Diffeculties in controlling credit . Differnece between central bank and commercial bank

ICOM Part 2 Banking Ch 4 Test
ic

12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 Pakistan's central bank was established in:
  • A. 1947
  • B. 1948
  • C. 1949
  • D. 1950
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 What are the objectives of monetary policy
  • A. Stability in price
  • B. Exchange stability
  • C. Stability in capital market
  • D. All of the above
4 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
5 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
  • A. Section 38
  • B. Section 33
  • C. Section 37
  • D. Section 40
6 Non- Scheduled banks are formed under co-opeative society Act.
  • A. 1932
  • B. 1925
  • C. 1984
  • D. 1911
7 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
8 Central bank is owned by
  • A. Public
  • B. Government
  • C. Commercial baks
  • D. All of the above
9 Non -Scheduled bank menas a bank which is not registred with.
  • A. Stock Exchange
  • B. World Bank
  • C. Central Bank
  • D. Scheduled bank
10 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

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

M

Malaika MA

Lahore03 - Aug - 2024

9/15
01 Mins 47 Sec
T

Tuba Shahid T

Lahore13 - Jul - 2024

8/15
02 Mins 11 Sec

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer