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

The document acquire to convert non -scheduled into scheduled bank

Question # 2

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

Question # 3

Which function does a central bank not perform

Question # 4

Documents required to conert non scheduled bank into scheduled bank.

Question # 5

Central Bank provide the facility to Scheduled Banks.

Question # 6

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

Question # 7

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

Question # 8

Scheduled Bank Can be registered under SBP Act.

Question # 9

What is the purpose of monetary policy

Question # 10

Which bank is called the mother or central banks

Question # 11

In case of inflation in the country, the rate of margin is:

Question # 12

Credit money in the country is controlled by

Question # 13

Can open new branch without the consent of Centrla Branch.

Question # 14

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

Question # 15

Modern central banking system started in

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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 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
2 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
3 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
4 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
5 When was the first central bank of sub-continent established:
A. 1635
B. 1732
C. 1835
D. 1935
6 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
7 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
8 What is the purpose of monetary policy
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
9 The transmission of following is stopped due to clearing house:
A. Credit money
B. Metallic money
C. Cash money
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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