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

It is necessary for scheduled bank to.

Question # 2

Documents required to conert non scheduled bank into scheduled bank.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

Central bank is owned by

Question # 7

Important functions of a central bank:

Question # 8

Central bank provides the following facility to scheduled banks:

Question # 9

Which method or methods are prevailing in Pakistan for issuing notes

Question # 10

Which bank is called the mother or central banks

Question # 11

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

Question # 12

The transmission of following is stopped due to clearing house:

Question # 13

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 14

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

Question # 15

What is the objective of clearing house

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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 is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
2 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
3 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
4 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
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 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
8 Non -Scheduled banks are formed under.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
9 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%
10 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

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