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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 which Section Scheduled Bank can open new branch.
Question # 2
Which function does a central bank not perform
Question # 3
Example of Non scheduled is
Question # 4
Which method or methods are prevailing in Pakistan for issuing notes
Question # 5
Participation term certificates are issued in place of.
Question # 6
In the Presence of Clearing House Scheduled Banks keeps.
Question # 7
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 8
When was the first central bank of sub-continent established:
Question # 9
The external value of local currency is stablized through:
Question # 10
Centrak Bank Act as Lender of Last Resort to.
Question # 11
Which is the quantitative method of credit control
Question # 12
The document acquire to convert non -scheduled into scheduled bank
Question # 13
Which principle is followed by central bank to issue currency notes
Question # 14
Modern central banking system started in
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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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 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 2 | Example of Non scheduled is |
A. ABL
B. AL-Meezan Investment Bank
C. HBL
D. NBP
|
| 3 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 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 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 6 | Modern central banking system started in |
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
|
| 7 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
| 8 | 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
|
| 9 | What is the objective of clearing house |
A. To control credit money
B. To clear the transactions of different banks
C. Training of banking staff
D. Re-discounting of bills
|
| 10 | 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
|
Test Questions