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

Non -Scheduled banks are formed under.

Question # 2

Central Bank provide the facility to Scheduled Banks.

Question # 3

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

Question # 4

Scheduled Banks can keep his totl assets outsinde the country.

Question # 5

What is the purpose of monetary policy

Question # 6

Example of Non scheduled is

Question # 7

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

Question # 8

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

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

Centrak Bank Act as Lender of Last Resort to.

Question # 11

Participation term certificate are issued by.

Question # 12

Under which Section Scheduled Bank can open new branch.

Question # 13

Modern central banking system started in

Question # 14

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

Question # 15

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

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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 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
2 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
3 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
4 Which form of automated payment would be better in paying wages to employee
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
5 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
A. 5%
B. 10%
C. 30%
D. 100%
6 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
7 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
8 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
9 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
10 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above

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