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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
In case of inflation in the country, the rate of margin is:
Question # 2
It is necessary for scheduled bank to.
Question # 3
Which method or methods are prevailing in Pakistan for issuing notes
Question # 4
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 5
The external value of local currency is stablized through:
Question # 6
Non- Scheduled banks are formed under co-opeative society Act.
Question # 7
Which principle is followed by central bank to issue currency notes
Question # 8
Which form of automated payment would be better in paying wages to employee
Question # 9
Pakistan's central bank was established in:
Question # 10
What is meant by margin requirement
Question # 11
Central bank is owned by
Question # 12
What is the objective of clearing house
Question # 13
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 # 14
What are the objectives of monetary policy
Question # 15
What is the purpose of monetary policy
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 | 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
|
| 2 | Under which Section Scheduled Bank can open new branch. |
A. Section 38
B. Section 39
C. Section 40
D. Section 41
|
| 3 | 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
|
| 4 | The Bank are called Scheduled Bank which are registered with the. |
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
|
| 5 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 6 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 7 | The institution responsible for the contraction and expansion of money in the best interest of general public is called: |
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
|
| 8 | 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
|
| 9 | 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
|
| 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
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