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

Documents required to conert non scheduled bank into scheduled bank.

Question # 2

Which function does a central bank not perform

Question # 3

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

Question # 4

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

Question # 5

Important functions of a central bank:

Question # 6

Central bank provides the following facility to scheduled banks:

Question # 7

Example of Non scheduled is

Question # 8

Non -Scheduled banks are formed under.

Question # 9

State Bank of Pakistan Act is

Question # 10

Scheduled Bank Can be registered under SBP Act.

Question # 11

Participation term certificates are issued in place of.

Question # 12

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

Question # 13

The external value of local currency is stablized through:

Question # 14

Ribs Bank of Sweden became central bank in:

Question # 15

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

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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 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
2 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
3 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
4 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
5 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
6 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
7 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
8 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
9 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
10 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public

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