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

Start Chapter 4 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

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

Question # 2

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

Question # 3

Documents required to conert non scheduled bank into scheduled bank.

Question # 4

When was the first central bank of sub-continent established:

Question # 5

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

Question # 6

Which term is used in connection with monetary policy

Question # 7

Participation term certificates are issued in place of.

Question # 8

What are the objectives of monetary policy

Question # 9

Credit money in the country is controlled by

Question # 10

The external value of local currency is stablized through:

Question # 11

In the Presence of Clearing House Scheduled Banks keeps.

Question # 12

It is necessary for scheduled bank to.

Question # 13

What is the purpose of monetary policy

Question # 14

Which function does a central bank not perform

Question # 15

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

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test" MCQs Online With Answers


Topic Test

00:00

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

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test" MCQ`s Test

  • H
    HASEEB Ali 02 - Mar - 2024 00 Min 20 Sec 15/15
  • S
    saif jutt basra 21 - Jun - 2022 02 Min 07 Sec 15/15
  • K
    KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 27 Sec 14/15
  • F
    FaRooq*reHan 8bp Shk 20 - Jun - 2022 03 Min 12 Sec 14/15
  • H
    Hassan Abid 23 - Jun - 2022 01 Min 48 Sec 13/15
  • K
    KHALIL UR REHAMAN 11 - Aug - 2022 02 Min 14 Sec 13/15
  • H
    Hassan Maqsood 25 - May - 2023 02 Min 40 Sec 13/15
  • P
    Pubg Acc 20 - Jun - 2022 03 Min 43 Sec 13/15
  • R
    Ramla Akhlaq 18 - Jun - 2022 01 Min 58 Sec 12/15
  • F
    Fazilat Official 14 - Dec - 2025 02 Min 04 Sec 12/15
  • M
    Mohammad Hassan Javed 26 - May - 2023 01 Min 19 Sec 11/15
  • A
    ayesha ayaz 23 - May - 2023 01 Min 40 Sec 11/15
  • M
    muhammad Noman 13 - May - 2024 02 Min 18 Sec 11/15
  • A
    Abdul Rehman 04 - May - 2024 02 Min 48 Sec 11/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
2 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
3 The institution responsible for the contraction and expansion of money in the best interest of general public is called:
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
4 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
5 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
6 What is meant by margin requirement
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
7 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
8 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)
9 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
10 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950

Test Questions

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!