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ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
Start Chapter 4 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 4 Online Test
00:00
Question # 1
Central bank bank supervises one of the following systems of a country:
Question # 2
Pakistan's central bank was established in:
Question # 3
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 4
What is the objective of clearing house
Question # 5
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 6
The document acquire to convert non -scheduled into scheduled bank
Question # 7
Which principle is followed by central bank to issue currency notes
Question # 8
Which function does a central bank not perform
Question # 9
Scheduled bank is bound to keep with the Country.
Question # 10
Which form of automated payment would be better in paying wages to employee
Question # 11
Non- Scheduled banks are formed under co-opeative society Act.
Question # 12
The central bank works under the rules framed by:
Question # 13
What is meant by margin requirement
Question # 14
Can open new branch without the consent of Centrla Branch.
Question # 15
If credit money is controlled by the sale and purchase of government securities, it is called
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | If the quatity of money in circulation increases then this situation is called: |
A. Inflation
B. Deflation
C. Money market
D. All of the above
|
| 2 | 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
|
| 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 | 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
|
| 5 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 6 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 7 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 8 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 9 | Documents required to conert non scheduled bank into scheduled bank. |
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
|
| 10 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
Test Questions