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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
In the Presence of Clearing House Scheduled Banks keeps.
Question # 2
Which method or methods are prevailing in Pakistan for issuing notes
Question # 3
State Bank of Pakistan Act is
Question # 4
What is the objective of clearing house
Question # 5
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 6
Credit money in the country is controlled by
Question # 7
When was the first central bank of sub-continent established:
Question # 8
What is the purpose of monetary policy
Question # 9
Scheduled Banks are registred under state bank act.
Question # 10
What are the objectives of monetary policy
Question # 11
If the quatity of money in circulation increases then this situation is called:
Question # 12
Qualitative methods of monetary policy do not include:
Question # 13
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 14
Documents required to conert non scheduled bank into scheduled bank.
Question # 15
It is necessary for scheduled bank to.
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 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 2 | Under which Section Scheduled Bank are bond to keep 80% of their Asset in country. |
A. Section 38
B. Section 33
C. Section 37
D. Section 40
|
| 3 | 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
|
| 4 | 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%
|
| 5 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 6 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 7 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 8 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 9 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 10 | 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
|
Test Questions