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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
The document acquire to convert non -scheduled into scheduled bank
Question # 2
Modern central banking system started in
Question # 3
Which is the quantitative method of credit control
Question # 4
Which form of automated payment would be better in paying wages to employee
Question # 5
What is the objective of clearing house
Question # 6
Participation term certificates are issued in place of.
Question # 7
Non -Scheduled banks are formed under.
Question # 8
Central bank provides the following facility to scheduled banks:
Question # 9
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 10
It is necessary for scheduled bank to.
Question # 11
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 12
Can open new branch without the consent of Centrla Branch.
Question # 13
In case of inflation in the country, the rate of margin is:
Question # 14
Which term is used in connection with monetary policy
Question # 15
What is the purpose of monetary policy
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 | 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)
|
| 2 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 3 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 4 | Scheduled bank is bound to keep with the Country. |
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
|
| 5 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 6 | 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
|
| 7 | If credit money is controlled by the sale and purchase of government securities, it is called |
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
|
| 8 | 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
|
| 9 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 10 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
Test Questions
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