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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
Modern central banking system started in
Question # 2
Central bank is owned by
Question # 3
Which term is used in connection with monetary policy
Question # 4
Ribs Bank of Sweden became central bank in:
Question # 5
When was the first central bank of sub-continent established:
Question # 6
Which bank is called the mother or central banks
Question # 7
Scheduled Banks are registred under state bank act.
Question # 8
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 9
The external value of local currency is stablized through:
Question # 10
What is the objective of clearing house
Question # 11
If the quatity of money in circulation increases then this situation is called:
Question # 12
Documents required to conert non scheduled bank into scheduled bank.
Question # 13
Non -Scheduled banks are formed under.
Question # 14
Can open new branch without the consent of Centrla Branch.
Question # 15
Scheduled bank is bound to keep with the Country.
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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H HASEEB Ali 02 - Mar - 2024 00 Min 20 Sec 15/15 -
S saif jutt basra 21 - Jun - 2022 02 Min 07 Sec 15/15 -
K KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15 -
T Teiyr 11 - Nov - 2025 02 Min 27 Sec 14/15 -
F FaRooq*reHan 8bp Shk 20 - Jun - 2022 03 Min 12 Sec 14/15 -
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A Abdul Rehman 04 - May - 2024 02 Min 48 Sec 11/15
ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 2 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 3 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 4 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 5 | 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
|
| 6 | 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
|
| 7 | The institution responsible for the contraction and expansion of money in the best interest of general public is called: |
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
|
| 8 | 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
|
| 9 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 10 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
Test Questions
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