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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
Modern central banking system started in
Question # 2
The document acquire to convert non -scheduled into scheduled bank
Question # 3
Example of Non scheduled is
Question # 4
Central bank provides the following facility to scheduled banks:
Question # 5
Central Bank provide the facility to Scheduled Banks.
Question # 6
Which form of automated payment would be better in paying wages to employee
Question # 7
Non -Scheduled banks are formed under.
Question # 8
Scheduled Banks are registred under state bank act.
Question # 9
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 # 10
What is meant by margin requirement
Question # 11
Can open new branch without the consent of Centrla Branch.
Question # 12
The external value of local currency is stablized through:
Question # 13
The central bank works under the rules framed by:
Question # 14
What are the objectives of monetary policy
Question # 15
Which principle is followed by central bank to issue currency 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 transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 2 | Scheduled bank is bound to keep with the Country. |
A. 80% of Total Assets
B. 60% of Total Assets
C. 40% Total Assets
D. 20% Total Assets
|
| 3 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 4 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
| 5 | 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
|
| 6 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 7 | Centrak Bank Act as Lender of Last Resort to. |
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
|
| 8 | 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%
|
| 9 | 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
|
| 10 | Under which Section Scheduled Bank can open new branch. |
A. Section 38
B. Section 39
C. Section 40
D. Section 41
|
Test Questions
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