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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
The Bank are called Scheduled Bank which are registered with the.
Question # 3
Scheduled bank is bound to keep with the Country.
Question # 4
Which bank is called the mother or central banks
Question # 5
Non- Scheduled banks are formed under co-opeative society Act.
Question # 6
It is necessary for scheduled bank to.
Question # 7
Scheduled Banks can keep his totl assets outsinde the country.
Question # 8
Qualitative methods of monetary policy do not include:
Question # 9
Credit money in the country is controlled by
Question # 10
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 11
Which term is used in connection with monetary policy
Question # 12
The central bank works under the rules framed by:
Question # 13
Which is the quantitative method of credit control
Question # 14
When was the first central bank of sub-continent established:
Question # 15
Non -Scheduled banks are formed under.
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 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 2 | 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
|
| 3 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 4 | 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
|
| 5 | 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
|
| 6 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 7 | 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
|
| 8 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
| 9 | 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
|
| 10 | What is the purpose of monetary policy |
A. To control banking system
B. To control supply of money
C. To control foreign exchange
D. To control stock market
|
Test Questions