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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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

00:00
Question # 1

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

Question # 2

What is the objective of clearing house

Question # 3

The document acquire to convert non -scheduled into scheduled bank

Question # 4

Important functions of a central bank:

Question # 5

Which function does a central bank not perform

Question # 6

Scheduled Banks are registred under state bank act.

Question # 7

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 8

Which is the quantitative method of credit control

Question # 9

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

Question # 10

Scheduled bank is bound to keep with the Country.

Question # 11

Can open new branch without the consent of Centrla Branch.

Question # 12

What is the purpose of monetary policy

Question # 13

Central bank is owned by

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

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

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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 method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
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 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
5 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
8 Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
A. Section 38
B. Section 33
C. Section 37
D. Section 40
9 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
10 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%

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