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 is the quantitative method of credit control

Question # 3

What is the objective of clearing house

Question # 4

Under which Section Scheduled Bank can open new branch.

Question # 5

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

Question # 6

The external value of local currency is stablized through:

Question # 7

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

Question # 8

Scheduled Banks can keep his totl assets outsinde the country.

Question # 9

Qualitative methods of monetary policy do not include:

Question # 10

It is necessary for scheduled bank to.

Question # 11

Example of Non scheduled is

Question # 12

Credit money in the country is controlled by

Question # 13

State Bank of Pakistan Act is

Question # 14

Important functions of a central bank:

Question # 15

Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.

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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 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
2 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
3 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 If the quatity of money in circulation increases then this situation is called:
A. Inflation
B. Deflation
C. Money market
D. All of the above
6 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
7 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
8 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
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

Test Questions

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