12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

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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	Central bank bank supervises one of the following systems of a country:	A. Provincial B. Political C. Economical and financial D. None of the above
3	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
4	Scheduled Banks are registred under state bank act.	A. 1956 B. 1984 C. 1962 D. 1932
5	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
6	Participation term certificates are issued in place of.	A. Shares B. Debentures C. NIT Units D. All these
7	Central bank is owned by	A. Public B. Government C. Commercial baks D. All of the above
8	Scheduled bank is bound to keep with the Country.	A. 80% of Total Assets B. 60% of Total Assets C. 40% Total Assets D. 20% Total Assets
9	In case of inflation in the country, the rate of margin is:	A. Increased B. Reduced C. Waived D. All of the above
10	The transmission of following is stopped due to clearing house:	A. Credit money B. Metallic money C. Cash money D. All of the above