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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 form of automated payment would be better in paying wages to employee
Question # 2
Non -Scheduled bank menas a bank which is not registred with.
Question # 3
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 # 4
Scheduled bank is bound to keep with the Country.
Question # 5
Which term is used in connection with monetary policy
Question # 6
The external value of local currency is stablized through:
Question # 7
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 8
What are the objectives of monetary policy
Question # 9
The document acquire to convert non -scheduled into scheduled bank
Question # 10
State Bank of Pakistan Act is
Question # 11
When was the first central bank of sub-continent established:
Question # 12
Important functions of a central bank:
Question # 13
Scheduled Banks can keep his totl assets outsinde the country.
Question # 14
Which is the quantitative method of credit control
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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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 2 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 3 | 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)
|
| 4 | Modern central banking system started in |
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
|
| 5 | 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
|
| 6 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
| 7 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 8 | 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
|
| 9 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 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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