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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 Bank are called Scheduled Bank which are registered with the.
Question # 2
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 3
Central Bank provide the facility to Scheduled Banks.
Question # 4
Scheduled Bank Can be registered under SBP Act.
Question # 5
Under which Section Scheduled Bank can open new branch.
Question # 6
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 # 7
Central bank provides the following facility to scheduled banks:
Question # 8
Which function does a central bank not perform
Question # 9
Non -Scheduled banks are formed under.
Question # 10
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 11
Can open new branch without the consent of Centrla Branch.
Question # 12
The central bank works under the rules framed by:
Question # 13
Which principle is followed by central bank to issue currency notes
Question # 14
Which bank is called the mother or central banks
Question # 15
Which method or methods are prevailing in Pakistan for issuing notes
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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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 3 | In the Presence of Clearing House Scheduled Banks keeps. |
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
|
| 4 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 5 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 6 | Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is. |
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
|
| 7 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 8 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 9 | What is the objective of clearing house |
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
|
| 10 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
Test Questions
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