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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
Important functions of a central bank:
Question # 3
Which form of automated payment would be better in paying wages to employee
Question # 4
Participation term certificate are issued by.
Question # 5
Non- Scheduled banks are formed under co-opeative society Act.
Question # 6
Non -Scheduled banks are formed under.
Question # 7
The Bank are called Scheduled Bank which are registered with the.
Question # 8
Example of Non scheduled is
Question # 9
The central bank works under the rules framed by:
Question # 10
The document acquire to convert non -scheduled into scheduled bank
Question # 11
Central bank bank supervises one of the following systems of a country:
Question # 12
Scheduled Bank Can be registered under SBP Act.
Question # 13
What is the objective of clearing house
Question # 14
The transmission of following is stopped due to clearing house:
Question # 15
Modern central banking system started in
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 | 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
|
| 2 | Which principle is followed by central bank to issue currency notes |
A. Currency principle
B. Banking principle
C. Both principle
D. None of the above
|
| 3 | Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be. |
A. Rs. 05 million
B. Rs. 06 million
C. Rs. 10 Billion
D. Rs. 07 billion
|
| 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 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 6 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
|
| 7 | Which method or methods are prevailing in Pakistan for issuing notes |
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
|
| 8 | 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
|
| 9 | 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
|
| 10 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
Test Questions