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

The transmission of following is stopped due to clearing house:

Question # 2

Under which Section Scheduled Bank can open new branch.

Question # 3

In the Presence of Clearing House Scheduled Banks keeps.

Question # 4

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

Question # 5

Which principle is followed by central bank to issue currency notes

Question # 6

Pakistan's central bank was established in:

Question # 7

Which function does a central bank not perform

Question # 8

Credit money in the country is controlled by

Question # 9

Non- Scheduled banks are formed under co-opeative society Act.

Question # 10

The document acquire to convert non -scheduled into scheduled bank

Question # 11

Which is the quantitative method of credit control

Question # 12

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

Question # 13

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

Question # 14

If the quatity of money in circulation increases then this situation is called:

Question # 15

What is meant by margin requirement

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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 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
2 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
3 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
4 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
5 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
6 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
7 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
8 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
9 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
10 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society

Test Questions

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