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

Qualitative methods of monetary policy do not include:

Question # 3

What is the objective of clearing house

Question # 4

What is meant by margin requirement

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

What is the purpose of monetary policy

Question # 9

The central bank works under the rules framed by:

Question # 10

Modern central banking system started in

Question # 11

Which bank is called the mother or central banks

Question # 12

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

Question # 13

Which function does a central bank not perform

Question # 14

Scheduled bank is bound to keep with the Country.

Question # 15

Documents required to conert non scheduled bank into scheduled bank.

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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 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)
2 Modern central banking system started in
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
3 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
4 Example of Non scheduled is
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
5 Scheduled Banks are registred under state bank act.
A. 1956
B. 1984
C. 1962
D. 1932
6 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
7 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
8 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
9 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
10 Which method or methods are prevailing in Pakistan for issuing notes
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these

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