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

What is the purpose of monetary policy

Question # 2

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

Question # 3

It is necessary for scheduled bank to.

Question # 4

Pakistan's central bank was established in:

Question # 5

Which bank is called the mother or central banks

Question # 6

Which term is used in connection with monetary policy

Question # 7

Qualitative methods of monetary policy do not include:

Question # 8

Centrak Bank Act as Lender of Last Resort to.

Question # 9

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

Question # 10

The transmission of following is stopped due to clearing house:

Question # 11

Scheduled Banks are registred under state bank act.

Question # 12

Documents required to conert non scheduled bank into scheduled bank.

Question # 13

Non- Scheduled banks are formed under co-opeative society Act.

Question # 14

Central Bank provide the facility to Scheduled Banks.

Question # 15

Ribs Bank of Sweden became central bank in:

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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 Bank are called Scheduled Bank which are registered with the.
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
3 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
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 Non- Scheduled banks are formed under co-opeative society Act.
A. 1932
B. 1925
C. 1984
D. 1911
6 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
7 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
8 Important functions of a central bank:
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
9 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
10 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935

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