12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Pakistan's central bank was established in:	1947 1948 1949 1950
2	When was the first central bank of sub-continent established:	1635 1732 1835 1935
3	Qualitative methods of monetary policy do not include:	Direct actions Publicity Bank rate policy Moral pursuation
4	Important functions of a central bank:	To issue currency notes To provide banking facilities to government To advise commercial banks All of the above
5	Ribs Bank of Sweden became central bank in:	1568 1668 1768 None of the above
6	Central bank bank supervises one of the following systems of a country:	Provincial Political Economical and financial None of the above
7	The amount (capital) recieved by bank after issuing shares is called:	Reserve capital Paid up capital Autherized capital Issued capital
8	If the rate of interest (profit) on the bank deposits is higher then the banks keep:	Less cash reserve Less margin rate More cash reserve None of the above
9	The part of deposits kept with the central bank is called:	Cash reserve Margin Interest rate All of the above
10	The loans on which high rate of interest is charged :	Medium term loans Long term loans Short term loans Demand loans
11	The commercial banks may be:	Scheduled Non-scheduled Foreign All of the above
12	For its customers a commercial bank sells and buys:	Foreign exchange Property Securities All of the above
13	Over draft facility is only provided on:	Current account Fixed deposit Saving account All of the above
14	Which type of loan is advanced by commercial banks for meeting day-to-day requirements:	Short term loan Medium term loan Long term loan All of the above
15	The loan which can be demanded by bank at anytime:	Overdraft Demand loans Bills of exchange All of the above

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