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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
Which principle is followed by central bank to issue currency notes
Question # 2
Scheduled Banks are registred under state bank act.
Question # 3
Which bank is called the mother or central banks
Question # 4
Which method or methods are prevailing in Pakistan for issuing notes
Question # 5
Ribs Bank of Sweden became central bank in:
Question # 6
Example of Non scheduled is
Question # 7
Can open new branch without the consent of Centrla Branch.
Question # 8
Central bank is owned by
Question # 9
When was the first central bank of sub-continent established:
Question # 10
Non- Scheduled banks are formed under co-opeative society Act.
Question # 11
Non -Scheduled banks are formed under.
Question # 12
The document acquire to convert non -scheduled into scheduled bank
Question # 13
The transmission of following is stopped due to clearing house:
Question # 14
Participation term certificates are issued in place of.
Question # 15
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
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 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 2 | 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
|
| 3 | 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
|
| 4 | The Bank are called Scheduled Bank which are registered with the. |
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
|
| 5 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 6 | 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
|
| 7 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 8 | Which bank is called the mother or central banks |
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
|
| 9 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 10 | 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
|
Test Questions
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