ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test

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

Start Chapter 4 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 4 (Central Bank)

Sr. # Questions Answers Choice
1 Which is the quantitative method of credit control
  • A. Change in reserve ratio
  • B. Change in margin requirement
  • C. Selective control
  • D. Publicity
2 Which term is used in connection with monetary policy
  • A. Bank rate
  • B. Exchange rate
  • C. Wage rate
  • D. Market rate
3 Qualitative methods of monetary policy do not include:
  • A. Direct actions
  • B. Publicity
  • C. Bank rate policy
  • D. Moral pursuation
4 Credit money in the country is controlled by
  • A. Central bank
  • B. Commercial bank
  • C. Industrial bank
  • D. Agricultural bank
5 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
6 Central bank is owned by
  • A. Public
  • B. Government
  • C. Commercial baks
  • D. All of the above
7 State Bank of Pakistan Act is
  • A. 1932
  • B. 1962
  • C. 1984
  • D. 1997
8 Example of Non scheduled is
  • A. ABL
  • B. AL-Meezan Investment Bank
  • C. HBL
  • D. NBP
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 Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
  • A. Rs. 05 million
  • B. Rs. 06 million
  • C. Rs. 10 Billion
  • D. Rs. 07 billion

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