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 document acquire to convert non -scheduled into scheduled bank

Question # 2

Which bank is called the mother or central banks

Question # 3

Centrak Bank Act as Lender of Last Resort to.

Question # 4

Central Bank provide the facility to Scheduled Banks.

Question # 5

Non -Scheduled banks are formed under.

Question # 6

Scheduled Banks are registred under state bank act.

Question # 7

Qualitative methods of monetary policy do not include:

Question # 8

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

Question # 9

When was the first central bank of sub-continent established:

Question # 10

Which method or methods are prevailing in Pakistan for issuing notes

Question # 11

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

Question # 12

Which term is used in connection with monetary policy

Question # 13

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

Question # 14

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 # 15

Documents required to conert non scheduled bank into scheduled bank.

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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 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
2 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
3 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
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 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
6 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
7 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
8 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
9 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
10 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935

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