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

Which bank is called the mother or central banks

Question # 2

Which method or methods are prevailing in Pakistan for issuing notes

Question # 3

Centrak Bank Act as Lender of Last Resort to.

Question # 4

Non -Scheduled banks are formed under.

Question # 5

Central bank is owned by

Question # 6

Scheduled Banks can keep his totl assets outsinde the country.

Question # 7

Central bank provides the following facility to scheduled banks:

Question # 8

What is the objective of clearing house

Question # 9

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

Question # 10

If credit money is controlled by the sale and purchase of government securities, it is called

Question # 11

Which is the quantitative method of credit control

Question # 12

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

Question # 13

Central Bank provide the facility to Scheduled Banks.

Question # 14

The transmission of following is stopped due to clearing house:

Question # 15

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

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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 can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
2 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
3 In the Presence of Clearing House Scheduled Banks keeps.
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
4 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
5 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)
6 Documents required to conert non scheduled bank into scheduled bank.
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
7 Ribs Bank of Sweden became central bank in:
A. 1568
B. 1668
C. 1768
D. None of the above
8 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
9 Credit money in the country is controlled by
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
10 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these

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