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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
Credit money in the country is controlled by
Question # 2
The transmission of following is stopped due to clearing house:
Question # 3
What is the objective of clearing house
Question # 4
Which bank is called the mother or central banks
Question # 5
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 6
Scheduled Bank Can be registered under SBP Act.
Question # 7
Which form of automated payment would be better in paying wages to employee
Question # 8
The central bank works under the rules framed by:
Question # 9
Can open new branch without the consent of Centrla Branch.
Question # 10
State Bank of Pakistan Act is
Question # 11
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 12
It is necessary for scheduled bank to.
Question # 13
Centrak Bank Act as Lender of Last Resort to.
Question # 14
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 15
What is the purpose of monetary policy
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 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 4 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 5 | Centrak Bank Act as Lender of Last Resort to. |
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
|
| 6 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 7 | 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%
|
| 8 | 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
|
| 9 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 10 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
Test Questions
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