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

The institution responsible for the contraction and expansion of money in the best interest of general public is called:

Question # 3

Credit money in the country is controlled by

Question # 4

Ribs Bank of Sweden became central bank in:

Question # 5

It is necessary for scheduled bank to.

Question # 6

Central Bank provide the facility to Scheduled Banks.

Question # 7

Non -Scheduled banks are formed under.

Question # 8

Qualitative methods of monetary policy do not include:

Question # 9

Scheduled bank is bound to keep with the Country.

Question # 10

The central bank works under the rules framed by:

Question # 11

Under which Section Scheduled Bank can open new branch.

Question # 12

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

Question # 13

State Bank of Pakistan Act is

Question # 14

Pakistan's central bank was established in:

Question # 15

Central bank provides the following facility to scheduled banks:

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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 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
2 If credit money is controlled by the sale and purchase of government securities, it is called
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
3 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
4 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
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 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
7 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
8 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
9 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
10 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911

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