ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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

Start Chapter 4 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 Centrak Bank Act as Lender of Last Resort to.
  • A. Scheduled Bank
  • B. Foreign Bank
  • C. Non-Sheduled bank
  • D. All the above
2 Which is the quantitative method of credit control
  • A. Change in reserve ratio
  • B. Change in margin requirement
  • C. Selective control
  • D. Publicity
3 Non- Scheduled banks are formed under co-opeative society Act.
  • A. 1932
  • B. 1925
  • C. 1984
  • D. 1911
4 Ribs Bank of Sweden became central bank in:
  • A. 1568
  • B. 1668
  • C. 1768
  • D. None of the above
5 In case of inflation in the country, the rate of margin is:
  • A. Increased
  • B. Reduced
  • C. Waived
  • D. All of the above
6 The document acquire to convert non -scheduled into scheduled bank
  • A. Prospectus
  • B. Debentures
  • C. By laws copy
  • D. Audited Annual Report
7 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
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 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
10 Participation term certificates are issued in place of.
  • A. Shares
  • B. Debentures
  • C. NIT Units
  • D. All these

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