4th Chapter

12th Principles of Banking Chapter 4 Test

Here you can prepare 12th Class Principles of Banking Chapter 4 Central Bank Test. Click the button for 100% free full practice test.

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

This online test contains MCQs about following topics:

. Introduction and growth of central bank . Definition of central bank and its principles . Functions of central bank . Clearing house and working of clearing house . Advantages of clearing house . Tools of monetary policy . Diffeculties in controlling credit . Differnece between central bank and commercial bank

ICOM Part 2 Banking Ch 4 Test
ic

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

Sr. # Questions Answers Choice
1 Participation term certificate are issued by.
  • A. Sole trader ship
  • B. Firm
  • C. Joint Stock Co.
  • D. Co-operative society
2 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
3 Non -Scheduled banks are formed under.
  • A. Sole trader ship
  • B. Firm
  • C. Joint Stock Co.
  • D. Co-operative society Act
4 Central bank bank supervises one of the following systems of a country:
  • A. Provincial
  • B. Political
  • C. Economical and financial
  • D. None of the above
5 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
6 When was the first central bank of sub-continent established:
  • A. 1635
  • B. 1732
  • C. 1835
  • D. 1935
7 State Bank of Pakistan Act is
  • A. 1932
  • B. 1962
  • C. 1984
  • D. 1997
8 In case of inflation in the country, the rate of margin is:
  • A. Increased
  • B. Reduced
  • C. Waived
  • D. All of the above
9 Modern central banking system started in
  • A. 18th Century
  • B. 19th Century
  • C. 20th Century
  • D. None of these
10 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

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