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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
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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 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
2 Non -Scheduled bank menas a bank which is not registred with.
  • A. Stock Exchange
  • B. World Bank
  • C. Central Bank
  • D. Scheduled bank
3 Can open new branch without the consent of Centrla Branch.
  • A. Scheduled Bank
  • B. State Bank of Pakistan
  • C. Non -Scheduled Bank
  • D. Bank of England
4 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
5 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
6 Under which Section Scheduled Bank can open new branch.
  • A. Section 38
  • B. Section 39
  • C. Section 40
  • D. Section 41
7 Which function does a central bank not perform
  • A. Credit creation
  • B. Advancing loans
  • C. Lender of last resort
  • D. Banker of the public
8 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
9 Non- Scheduled banks are formed under co-opeative society Act.
  • A. 1932
  • B. 1925
  • C. 1984
  • D. 1911
10 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

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

M

Muhammad Noman

Lahore13 - May - 2024

11/15
02 Mins 18 Sec
A

Abdul Rehman

Lahore04 - May - 2024

11/15
02 Mins 48 Sec
T

Tuba Shahid T

Lahore13 - Jul - 2024

8/15
02 Mins 11 Sec
D

Domanto Sports

Lahore04 - May - 2024

8/15
02 Mins 55 Sec

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