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

Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test

Sr. #	Questions	Answers Choice
1	It is necessary for scheduled bank to.	Obey SBP Submit report to SBP Get the Book checked All the above
2	Non -Scheduled bank menas a bank which is not registred with.	Stock Exchange World Bank Central Bank Scheduled bank
3	Documents required to conert non scheduled bank into scheduled bank.	Memorandum of Association Articles of Association Audited Annual Report All the above
4	Scheduled Banks can keep his totl assets outsinde the country.	80% 60% 40% 20%
5	State Bank of Pakistan Act is	1932 1962 1984 1997
6	Scheduled bank is bound to keep with the Country.	80% of Total Assets 60% of Total Assets 40% Total Assets 20% Total Assets
7	Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.	Sec. 14 Sec . 13 Sec. 16 Sec. 17
8	In the Presence of Clearing House Scheduled Banks keeps.	Less Cash Reserve More Cash Reserve No cash reserve Fixed cash reserved
9	The Bank are called Scheduled Bank which are registered with the.	Central Bank world Bank Bank of England All the above
10	Central bank provides the following facility to scheduled banks:	Feast Godown Clearing house None of the above
11	The central bank works under the rules framed by:	Government People Different banks All of the above
12	The transmission of following is stopped due to clearing house:	Credit money Metallic money Cash money All of the above
13	In case of inflation in the country, the rate of margin is:	Increased Reduced Waived All of the above
14	The external value of local currency is stablized through:	Monetary policy Increase in prices Trade policy All of the above
15	If the quatity of money in circulation increases then this situation is called:	Inflation Deflation Money market All of the above

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