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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
Documents required to conert non scheduled bank into scheduled bank.
Question # 2
Under which Section Scheduled Bank can open new branch.
Question # 3
Example of Non scheduled is
Question # 4
Modern central banking system started in
Question # 5
Scheduled Bank Can be registered under SBP Act.
Question # 6
Non -Scheduled banks are formed under.
Question # 7
What are the objectives of monetary policy
Question # 8
Ribs Bank of Sweden became central bank in:
Question # 9
The external value of local currency is stablized through:
Question # 10
Centrak Bank Act as Lender of Last Resort to.
Question # 11
Which method or methods are prevailing in Pakistan for issuing notes
Question # 12
Participation term certificate are issued by.
Question # 13
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 # 14
What is the objective of clearing house
Question # 15
What is meant by margin requirement
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 | 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
|
| 2 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 3 | If credit money is controlled by the sale and purchase of government securities, it is called |
A. Direct action
B. Moral persuation
C. Change in reserve ration
D. Open market operation
|
| 4 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 5 | Central bank bank supervises one of the following systems of a country: |
A. Provincial
B. Political
C. Economical and financial
D. None of the above
|
| 6 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 7 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 8 | The Bank are called Scheduled Bank which are registered with the. |
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
|
| 9 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 10 | Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is. |
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
|
Test Questions