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

Scheduled bank is bound to keep with the Country.

Question # 2

What is the objective of clearing house

Question # 3

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

Question # 4

The transmission of following is stopped due to clearing house:

Question # 5

What is the purpose of monetary policy

Question # 6

Centrak Bank Act as Lender of Last Resort to.

Question # 7

Scheduled Banks are registred under state bank act.

Question # 8

Credit money in the country is controlled by

Question # 9

Scheduled Bank Can be registered under SBP Act.

Question # 10

The external value of local currency is stablized through:

Question # 11

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

Question # 12

Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.

Question # 13

What are the objectives of monetary policy

Question # 14

The central bank works under the rules framed by:

Question # 15

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

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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 Centrak Bank Act as Lender of Last Resort to.
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
2 Which principle is followed by central bank to issue currency notes
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
3 Pakistan's central bank was established in:
A. 1947
B. 1948
C. 1949
D. 1950
4 Participation term certificates are issued in place of.
A. Shares
B. Debentures
C. NIT Units
D. All these
5 Scheduled Banks can keep his totl assets outsinde the country.
A. 80%
B. 60%
C. 40%
D. 20%
6 Can open new branch without the consent of Centrla Branch.
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
7 The external value of local currency is stablized through:
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
8 Which term is used in connection with monetary policy
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
9 The central bank works under the rules framed by:
A. Government
B. People
C. Different banks
D. All of the above
10 Non -Scheduled bank menas a bank which is not registred with.
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank

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