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 function does a central bank not perform

Question # 2

Scheduled bank is bound to keep with the Country.

Question # 3

In the Presence of Clearing House Scheduled Banks keeps.

Question # 4

Scheduled Banks can keep his totl assets outsinde the country.

Question # 5

Can open new branch without the consent of Centrla Branch.

Question # 6

The central bank works under the rules framed by:

Question # 7

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

Question # 8

Example of Non scheduled is

Question # 9

Which is the quantitative method of credit control

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

Documents required to conert non scheduled bank into scheduled bank.

Question # 12

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

Question # 13

Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue

Question # 14

It is necessary for scheduled bank to.

Question # 15

Which principle is followed by central bank to issue currency notes

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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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
2 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
3 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
4 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
5 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
6 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
7 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
8 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
9 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
10 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above

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