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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
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 # 2
Which bank is called the mother or central banks
Question # 3
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 4
The document acquire to convert non -scheduled into scheduled bank
Question # 5
Modern central banking system started in
Question # 6
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 7
Which principle is followed by central bank to issue currency notes
Question # 8
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 9
It is necessary for scheduled bank to.
Question # 10
What are the objectives of monetary policy
Question # 11
Non -Scheduled bank menas a bank which is not registred with.
Question # 12
Pakistan's central bank was established in:
Question # 13
Scheduled Banks can keep his totl assets outsinde the country.
Question # 14
In case of inflation in the country, the rate of margin is:
Question # 15
Which method or methods are prevailing in Pakistan for issuing notes
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 | Modern central banking system started in |
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
|
| 2 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 3 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
| 4 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 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 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 7 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 8 | 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
|
| 9 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 10 | 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
|
Test Questions
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