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

Scheduled Banks are registred under state bank act.

Question # 2

Central Bank provide the facility to Scheduled Banks.

Question # 3

Can open new branch without the consent of Centrla Branch.

Question # 4

Credit money in the country is controlled by

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 9

Ribs Bank of Sweden became central bank in:

Question # 10

Under which Section Scheduled Bank can open new branch.

Question # 11

State Bank of Pakistan Act is

Question # 12

Scheduled Bank Can be registered under SBP Act.

Question # 13

Scheduled bank is bound to keep with the Country.

Question # 14

The central bank works under the rules framed by:

Question # 15

Central bank bank supervises one of the following systems of a 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 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
2 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
3 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
4 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All 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 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
7 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
8 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
9 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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