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

Centrak Bank Act as Lender of Last Resort to.

Question # 2

In the Presence of Clearing House Scheduled Banks keeps.

Question # 3

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

Question # 4

What is meant by margin requirement

Question # 5

What is the purpose of monetary policy

Question # 6

Pakistan's central bank was established in:

Question # 7

Which function does a central bank not perform

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

The central bank works under the rules framed by:

Question # 10

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

Question # 11

Documents required to conert non scheduled bank into scheduled bank.

Question # 12

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

Question # 13

Which is the quantitative method of credit control

Question # 14

Scheduled Banks are registred under state bank act.

Question # 15

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

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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 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
2 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
3 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
4 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
5 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
6 The Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
7 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
8 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
9 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
10 Scheduled Bank Can be registered under SBP Act.
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)

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