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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 term is used in connection with monetary policy
Question # 3
Which form of automated payment would be better in paying wages to employee
Question # 4
Which is the quantitative method of credit control
Question # 5
In the Presence of Clearing House Scheduled Banks keeps.
Question # 6
Non- Scheduled banks are formed under co-opeative society Act.
Question # 7
Scheduled Banks are registred under state bank act.
Question # 8
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 9
It is necessary for scheduled bank to.
Question # 10
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 11
The Bank are called Scheduled Bank which are registered with the.
Question # 12
State Bank of Pakistan Act is
Question # 13
Scheduled bank is bound to keep with the Country.
Question # 14
Scheduled Bank Can be registered under SBP Act.
Question # 15
Example of Non scheduled is
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 | 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
|
| 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 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 4 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 5 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 6 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 7 | Can open new branch without the consent of Centrla Branch. |
A. Scheduled Bank
B. State Bank of Pakistan
C. Non -Scheduled Bank
D. Bank of England
|
| 8 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 9 | 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 |
A. 5%
B. 10%
C. 30%
D. 100%
|
| 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