12th class Principle of Banking chapter 4 online mcq test with answers for ICom part 2 Principle of Banking Chapter 4 (Central Bank)

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Sr.#	Question	Answer
1	Central bank is owned by	A. Public B. Government C. Commercial baks D. All of the above
2	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
3	Which is the quantitative method of credit control	A. Change in reserve ratio B. Change in margin requirement C. Selective control D. Publicity
4	Example of Non scheduled is	A. ABL B. AL-Meezan Investment Bank C. HBL D. NBP
5	Participation term certificates are issued in place of.	A. Shares B. Debentures C. NIT Units D. All these
6	The institution responsible for the contraction and expansion of money in the best interest of general public is called:	A. Commercial bank B. Clearing house C. Central bank D. Chamber of commerce
7	Which form of automated payment would be better in paying wages to employee	A. BACS B. Standing order C. Direct Debit D. Credit transfer
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	When was the first central bank of sub-continent established:	A. 1635 B. 1732 C. 1835 D. 1935
10	State Bank of Pakistan Act is	A. 1932 B. 1962 C. 1984 D. 1997