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
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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 Ribs Bank of Sweden became central bank in:
  • A. 1568
  • B. 1668
  • C. 1768
  • D. None of the above
2 The Bank are called Scheduled Bank which are registered with the.
  • A. Central Bank
  • B. world Bank
  • C. Bank of England
  • D. All the above
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 When was the first central bank of sub-continent established:
  • A. 1635
  • B. 1732
  • C. 1835
  • D. 1935
5 Scheduled Banks are registred under state bank act.
  • A. 1956
  • B. 1984
  • C. 1962
  • D. 1932
6 Central Bank provide the facility to Scheduled Banks.
  • A. Rediscounting Bills
  • B. Clearing House
  • C. Transfer of Money
  • D. All the above
7 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
8 Which bank is called the mother or central banks
  • A. Reserve bank of India
  • B. Bank of England
  • C. State Bank of Pakistan
  • D. Bank of Venice
9 Non -Scheduled bank menas a bank which is not registred with.
  • A. Stock Exchange
  • B. World Bank
  • C. Central Bank
  • D. Scheduled bank
10 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

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