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

It is necessary for scheduled bank to.

Question # 2

The document acquire to convert non -scheduled into scheduled bank

Question # 3

What is meant by margin requirement

Question # 4

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

Question # 5

What are the objectives of monetary policy

Question # 6

Credit money in the country is controlled by

Question # 7

Which function does a central bank not perform

Question # 8

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

Question # 9

Non -Scheduled banks are formed under.

Question # 10

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

Question # 11

Pakistan's central bank was established in:

Question # 12

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

Question # 13

Which form of automated payment would be better in paying wages to employee

Question # 14

Which is the quantitative method of credit control

Question # 15

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

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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 Participation term certificate are issued by.
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
2 The document acquire to convert non -scheduled into scheduled bank
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
3 Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue
A. 5%
B. 10%
C. 30%
D. 100%
4 State Bank of Pakistan Act is
A. 1932
B. 1962
C. 1984
D. 1997
5 Which is the quantitative method of credit control
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
6 Central Bank provide the facility to Scheduled Banks.
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
7 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
8 Under which Section Scheduled Bank can open new branch.
A. Section 38
B. Section 39
C. Section 40
D. Section 41
9 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
10 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above

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