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

00:00
Question # 1

Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.

Question # 2

Participation term certificate are issued by.

Question # 3

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

Question # 4

It is necessary for scheduled bank to.

Question # 5

The central bank works under the rules framed by:

Question # 6

The external value of local currency is stablized through:

Question # 7

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

Question # 8

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

Question # 9

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

Question # 10

Scheduled Banks can keep his totl assets outsinde the country.

Question # 11

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 # 12

Which principle is followed by central bank to issue currency notes

Question # 13

What are the objectives of monetary policy

Question # 14

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

Question # 15

Participation term certificates are issued in place of.

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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 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
2 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
3 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
4 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
5 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
6 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
7 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
9 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
10 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

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