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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
Pakistan's central bank was established in:
Question # 2
Example of Non scheduled is
Question # 3
Which form of automated payment would be better in paying wages to employee
Question # 4
Under which Section Scheduled Bank can open new branch.
Question # 5
Non -Scheduled banks are formed under.
Question # 6
Which method or methods are prevailing in Pakistan for issuing notes
Question # 7
Credit money in the country is controlled by
Question # 8
Participation term certificate are issued by.
Question # 9
Which principle is followed by central bank to issue currency notes
Question # 10
Which function does a central bank not perform
Question # 11
Scheduled bank is bound to keep with the Country.
Question # 12
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 13
Ribs Bank of Sweden became central bank in:
Question # 14
Central bank provides the following facility to scheduled banks:
Question # 15
Scheduled Banks can keep his totl assets outsinde the country.
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 | Scheduled Bank Can be registered under SBP Act. |
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
|
| 2 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 3 | Centrak Bank Act as Lender of Last Resort to. |
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
|
| 4 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 5 | 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
|
| 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 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 8 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 9 | 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
|
| 10 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
Test Questions
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