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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
Central Bank provide the facility to Scheduled Banks.
Question # 2
Which function does a central bank not perform
Question # 3
Credit money in the country is controlled by
Question # 4
The central bank works under the rules framed by:
Question # 5
Scheduled Banks can keep his totl assets outsinde the country.
Question # 6
The external value of local currency is stablized through:
Question # 7
When was the first central bank of sub-continent established:
Question # 8
Important functions of a central bank:
Question # 9
Participation term certificates are issued in place of.
Question # 10
Which method or methods are prevailing in Pakistan for issuing notes
Question # 11
The document acquire to convert non -scheduled into scheduled bank
Question # 12
In case of inflation in the country, the rate of margin is:
Question # 13
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 # 14
Central bank bank supervises one of the following systems of a country:
Question # 15
What is meant by margin requirement
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 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
| 2 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 3 | 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
|
| 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 | 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 |
A. 5%
B. 10%
C. 30%
D. 100%
|
| 6 | The document acquire to convert non -scheduled into scheduled bank |
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
|
| 7 | 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
|
| 8 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
| 9 | 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)
|
| 10 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
Test Questions
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