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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
The Bank are called Scheduled Bank which are registered with the.
Question # 2
Scheduled Banks are registred under state bank act.
Question # 3
The central bank works under the rules framed by:
Question # 4
Which function does a central bank not perform
Question # 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
Question # 6
Central bank provides the following facility to scheduled banks:
Question # 7
When was the first central bank of sub-continent established:
Question # 8
In the Presence of Clearing House Scheduled Banks keeps.
Question # 9
Which method or methods are prevailing in Pakistan for issuing notes
Question # 10
Central bank bank supervises one of the following systems of a country:
Question # 11
Non- Scheduled banks are formed under co-opeative society Act.
Question # 12
Central bank is owned by
Question # 13
What is meant by margin requirement
Question # 14
Modern central banking system started in
Question # 15
What is the objective of clearing house
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 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 2 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 3 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 4 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 5 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 6 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 7 | 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
|
| 8 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 9 | Under which Section Scheduled Bank can open new branch. |
A. Section 38
B. Section 39
C. Section 40
D. Section 41
|
| 10 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
Test Questions
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