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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
What is the purpose of monetary policy
Question # 2
Which function does a central bank not perform
Question # 3
Credit money in the country is controlled by
Question # 4
What is meant by margin requirement
Question # 5
Scheduled bank is bound to keep with the Country.
Question # 6
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 7
The document acquire to convert non -scheduled into scheduled bank
Question # 8
Central bank provides the following facility to scheduled banks:
Question # 9
What are the objectives of monetary policy
Question # 10
Can open new branch without the consent of Centrla Branch.
Question # 11
In case of inflation in the country, the rate of margin is:
Question # 12
It is necessary for scheduled bank to.
Question # 13
Example of Non scheduled is
Question # 14
Which method or methods are prevailing in Pakistan for issuing notes
Question # 15
Ribs Bank of Sweden became central bank in:
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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K KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 2 | 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)
|
| 3 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 4 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 5 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 6 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 7 | 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
|
| 8 | 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
|
| 9 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 10 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
Test Questions
