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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 provides the following facility to scheduled banks:
Question # 2
Which function does a central bank not perform
Question # 3
Participation term certificate are issued by.
Question # 4
Central bank is owned by
Question # 5
Can open new branch without the consent of Centrla Branch.
Question # 6
Under which Section Scheduled Bank can open new branch.
Question # 7
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 8
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 9
The central bank works under the rules framed by:
Question # 10
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
Question # 11
What is the objective of clearing house
Question # 12
Which principle is followed by central bank to issue currency notes
Question # 13
Non -Scheduled banks are formed under.
Question # 14
Modern central banking system started in
Question # 15
Documents required to conert non scheduled bank into scheduled bank.
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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K KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15 -
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| Sr.# | Question | Answer |
|---|---|---|
| 1 | What is the purpose of monetary policy |
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
|
| 2 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 3 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 4 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 5 | The document acquire to convert non -scheduled into scheduled bank |
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
|
| 6 | Scheduled Bank Can be registered under SBP Act. |
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
|
| 7 | Modern central banking system started in |
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
|
| 8 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 9 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 10 | Which principle is followed by central bank to issue currency notes |
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
|
Test Questions
