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

It is necessary for scheduled bank to.

Question # 2

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

Question # 3

The transmission of following is stopped due to clearing house:

Question # 4

Example of Non scheduled is

Question # 5

Ribs Bank of Sweden became central bank in:

Question # 6

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

Question # 7

State Bank of Pakistan Act is

Question # 8

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

Question # 9

Central Bank provide the facility to Scheduled Banks.

Question # 10

Documents required to conert non scheduled bank into scheduled bank.

Question # 11

Modern central banking system started in

Question # 12

Which term is used in connection with monetary policy

Question # 13

Central bank is owned by

Question # 14

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

Question # 15

Non -Scheduled bank menas a bank which is not registred with.

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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 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
3 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
4 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
5 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
6 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
7 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
8 Central bank bank supervises one of the following systems of a country:
A. Provincial
B. Political
C. Economical and financial
D. None of the above
9 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
10 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets

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