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	Which bank is called the mother or central banks	Reserve bank of India Bank of England State Bank of Pakistan Bank of Venice
2	What is meant by margin requirement	To advance loan less than the value of security To give less amount as interest than the amount of loan To advance more loan than the value of security To advance loan equal to the value of security
3	Which function does a central bank not perform	Credit creation Advancing loans Lender of last resort Banker of the public
4	Which method or methods are prevailing in Pakistan for issuing notes	Fixed Fiduciary System Proportional Reserve System Both a and b None of the these
5	Which principle is followed by central bank to issue currency notes	Currency principle Banking principle Both principle None of the above
6	Credit money in the country is controlled by	Central bank Commercial bank Industrial bank Agricultural bank
7	Modern central banking system started in	18th Century 19th Century 20th Century None of these