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

Documents required to conert non scheduled bank into scheduled bank.

Question # 2

Which term is used in connection with monetary policy

Question # 3

Modern central banking system started in

Question # 4

Qualitative methods of monetary policy do not include:

Question # 5

Non -Scheduled bank menas a bank which is not registred with.

Question # 6

Can open new branch without the consent of Centrla Branch.

Question # 7

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

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

Scheduled Banks are registred under state bank act.

Question # 10

The document acquire to convert non -scheduled into scheduled bank

Question # 11

Participation term certificate are issued by.

Question # 12

What is the purpose of monetary policy

Question # 13

Which function does a central bank not perform

Question # 14

Non -Scheduled banks are formed under.

Question # 15

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

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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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
2 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
3 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
4 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
5 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
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 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
10 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997

Test Questions

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