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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 transmission of following is stopped due to clearing house:
Question # 2
Which form of automated payment would be better in paying wages to employee
Question # 3
Scheduled Banks are registred under state bank act.
Question # 4
What are the objectives of monetary policy
Question # 5
Non -Scheduled banks are formed under.
Question # 6
Which bank is called the mother or central banks
Question # 7
What is the objective of clearing house
Question # 8
Important functions of a central bank:
Question # 9
Scheduled Banks can keep his totl assets outsinde the country.
Question # 10
Ribs Bank of Sweden became central bank in:
Question # 11
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 12
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 13
The document acquire to convert non -scheduled into scheduled bank
Question # 14
Central Bank provide the facility to Scheduled Banks.
Question # 15
Central bank provides the following facility to scheduled banks:
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 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 2 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
| 3 | The institution responsible for the contraction and expansion of money in the best interest of general public is called: |
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
|
| 4 | 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
|
| 5 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 6 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 7 | 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
|
| 8 | 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)
|
| 9 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 10 | 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
|
Test Questions
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