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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
Scheduled bank is bound to keep with the Country.
Question # 3
Which method or methods are prevailing in Pakistan for issuing notes
Question # 4
Qualitative methods of monetary policy do not include:
Question # 5
Central bank bank supervises one of the following systems of a country:
Question # 6
Which bank is called the mother or central banks
Question # 7
Under which Section Scheduled Bank can open new branch.
Question # 8
In the Presence of Clearing House Scheduled Banks keeps.
Question # 9
Important functions of a central bank:
Question # 10
Participation term certificates are issued in place of.
Question # 11
Example of Non scheduled is
Question # 12
Non -Scheduled banks are formed under.
Question # 13
Central Bank provide the facility to Scheduled Banks.
Question # 14
Which principle is followed by central bank to issue currency notes
Question # 15
If credit money is controlled by the sale and purchase of government securities, it is called
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 | 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
|
| 2 | If the quatity of money in circulation increases then this situation is called: |
A. Inflation
B. Deflation
C. Money market
D. All of the above
|
| 3 | Documents required to conert non scheduled bank into scheduled bank. |
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
|
| 4 | 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
|
| 5 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 6 | 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
|
| 7 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 8 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 9 | 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
|
| 10 | 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
|
Test Questions
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