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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 is the quantitative method of credit control
Question # 2
Central Bank provide the facility to Scheduled Banks.
Question # 3
Scheduled Banks can keep his totl assets outsinde the country.
Question # 4
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 5
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 6
If the quatity of money in circulation increases then this situation is called:
Question # 7
Under which Section Scheduled Bank can open new branch.
Question # 8
Scheduled Banks are registred under state bank act.
Question # 9
The central bank works under the rules framed by:
Question # 10
Central bank bank supervises one of the following systems of a country:
Question # 11
Participation term certificates are issued in place of.
Question # 12
Scheduled Bank Can be registered under SBP Act.
Question # 13
Central bank is owned by
Question # 14
When was the first central bank of sub-continent established:
Question # 15
In case of inflation in the country, the rate of margin is:
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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| Sr.# | Question | Answer |
|---|---|---|
| 1 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 2 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 3 | 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
|
| 4 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
| 5 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 6 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 7 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
| 8 | Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is. |
A. Sec. 14
B. Sec . 13
C. Sec. 16
D. Sec. 17
|
| 9 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 10 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 11 | 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
|
| 12 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
| 13 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
| 14 | 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
|
| 15 | Which method or methods are prevailing in Pakistan for issuing notes |
A. Fixed Fiduciary System
B. Proportional Reserve System
C. Both a and b
D. None of the these
|
Test Questions
