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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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

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 is the quantitative method of credit control

Question # 2

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

Question # 3

Which function does a central bank not perform

Question # 4

Scheduled Bank Can be registered under SBP Act.

Question # 5

Pakistan's central bank was established in:

Question # 6

What is meant by margin requirement

Question # 7

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 # 8

Documents required to conert non scheduled bank into scheduled bank.

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Scheduled Banks can keep his totl assets outsinde the country.

Question # 13

What are the objectives of monetary policy

Question # 14

It is necessary for scheduled bank to.

Question # 15

What is the purpose of monetary policy

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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 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
2 Central bank is owned by
A. Public
B. Government
C. Commercial baks
D. All of the above
3 Qualitative methods of monetary policy do not include:
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
4 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
5 What are the objectives of monetary policy
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
6 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
7 Central bank provides the following facility to scheduled banks:
A. Feast
B. Godown
C. Clearing house
D. None 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 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
10 What is the objective of clearing house
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills

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