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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 case of inflation in the country, the rate of margin is:
Question # 2
State Bank of Pakistan Act is
Question # 3
Pakistan's central bank was established in:
Question # 4
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 5
Documents required to conert non scheduled bank into scheduled bank.
Question # 6
Which method or methods are prevailing in Pakistan for issuing notes
Question # 7
When was the first central bank of sub-continent established:
Question # 8
What are the objectives of monetary policy
Question # 9
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 10
Which is the quantitative method of credit control
Question # 11
Non -Scheduled bank menas a bank which is not registred with.
Question # 12
Central bank provides the following facility to scheduled banks:
Question # 13
Which term is used in connection with monetary policy
Question # 14
Scheduled bank is bound to keep with the Country.
Question # 15
Scheduled Bank Can be registered under SBP Act.
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 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
|
| 2 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 3 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 4 | Important functions of a central bank: |
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
|
| 5 | 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)
|
| 6 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 7 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 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 | What is meant by margin requirement |
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
|
| 10 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
Test Questions