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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
In the Presence of Clearing House Scheduled Banks keeps.
Question # 2
Non -Scheduled bank menas a bank which is not registred with.
Question # 3
What is the objective of clearing house
Question # 4
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 5
Scheduled Banks are registred under state bank act.
Question # 6
Pakistan's central bank was established in:
Question # 7
Which principle is followed by central bank to issue currency notes
Question # 8
Credit money in the country is controlled by
Question # 9
What is meant by margin requirement
Question # 10
The central bank works under the rules framed by:
Question # 11
Qualitative methods of monetary policy do not include:
Question # 12
Participation term certificate are issued by.
Question # 13
Documents required to conert non scheduled bank into scheduled bank.
Question # 14
Scheduled Banks can keep his totl assets outsinde the country.
Question # 15
The external value of local currency is stablized through:
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 | Can open new branch without the consent of Centrla Branch. |
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
|
| 2 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 3 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
| 4 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 5 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 6 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 7 | Under fixed fiduciary system, if notes are issued in excess of fiduciary limit then how much value of precious metal or foreign exchange is kept as reserve for over issue |
A. 5%
B. 10%
C. 30%
D. 100%
|
| 8 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 9 | 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
|
| 10 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
Test Questions