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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
Which form of automated payment would be better in paying wages to employee
Question # 2
Can open new branch without the consent of Centrla Branch.
Question # 3
State Bank of Pakistan Act is
Question # 4
Scheduled Banks can keep his totl assets outsinde the country.
Question # 5
Central bank bank supervises one of the following systems of a country:
Question # 6
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 7
Scheduled bank is bound to keep with the Country.
Question # 8
The document acquire to convert non -scheduled into scheduled bank
Question # 9
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 10
Which is the quantitative method of credit control
Question # 11
Which method or methods are prevailing in Pakistan for issuing notes
Question # 12
It is necessary for scheduled bank to.
Question # 13
Non -Scheduled banks are formed under.
Question # 14
Scheduled Banks are registred under state bank act.
Question # 15
Non -Scheduled bank menas a bank which is not registred with.
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 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 2 | 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
|
| 3 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 4 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 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 | 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
|
| 7 | What is meant by margin requirement |
A. To advance loan less than the value of security
B. To give less amount as interest than the amount of loan
C. To advance more loan than the value of security
D. To advance loan equal to the value of security
|
| 8 | 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
|
| 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 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
Test Questions