ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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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12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 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
2 What is the purpose of monetary policy
  • A. To control banking system
  • B. To control supply of money
  • C. To control foreign exchange
  • D. To control stock market
3 Which is the quantitative method of credit control
  • A. Change in reserve ratio
  • B. Change in margin requirement
  • C. Selective control
  • D. Publicity
4 Central bank is owned by
  • A. Public
  • B. Government
  • C. Commercial baks
  • D. All of the above
5 Can open new branch without the consent of Centrla Branch.
  • A. Scheduled Bank
  • B. State Bank of Pakistan
  • C. Non -Scheduled Bank
  • D. Bank of England
6 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
7 Pakistan's central bank was established in:
  • A. 1947
  • B. 1948
  • C. 1949
  • D. 1950
8 Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
  • A. Sec. 14
  • B. Sec . 13
  • C. Sec. 16
  • D. Sec. 17
9 Non- Scheduled banks are formed under co-opeative society Act.
  • A. 1932
  • B. 1925
  • C. 1984
  • D. 1911
10 The external value of local currency is stablized through:
  • A. Monetary policy
  • B. Increase in prices
  • C. Trade policy
  • D. All of the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

R

Rabia Sohail

Lahore10 - Jul - 2025

10/15
04 Mins 06 Sec
F

Fatima Noor

Lahore07 - Jul - 2025

8/15
03 Mins 42 Sec

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