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

Can open new branch without the consent of Centrla Branch.

Question # 2

Documents required to conert non scheduled bank into scheduled bank.

Question # 3

In the Presence of Clearing House Scheduled Banks keeps.

Question # 4

Which bank is called the mother or central banks

Question # 5

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

Question # 6

Participation term certificate are issued by.

Question # 7

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

Question # 8

Which function does a central bank not perform

Question # 9

Central bank bank supervises one of the following systems of a country:

Question # 10

The document acquire to convert non -scheduled into scheduled bank

Question # 11

Which method or methods are prevailing in Pakistan for issuing notes

Question # 12

Pakistan's central bank was established in:

Question # 13

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

Question # 14

State Bank of Pakistan Act is

Question # 15

Central bank is owned by

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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 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None of the above
3 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
4 It is necessary for scheduled bank to.
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
5 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
6 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
7 Scheduled bank is bound to keep with the Country.
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
8 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
9 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
10 Which function does a central bank not perform
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public

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