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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 method or methods are prevailing in Pakistan for issuing notes
Question # 2
Which principle is followed by central bank to issue currency notes
Question # 3
Credit money in the country is controlled by
Question # 4
Example of Non scheduled is
Question # 5
It is necessary for scheduled bank to.
Question # 6
Important functions of a central bank:
Question # 7
Modern central banking system started in
Question # 8
When was the first central bank of sub-continent established:
Question # 9
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 10
Documents required to conert non scheduled bank into scheduled bank.
Question # 11
Non- Scheduled banks are formed under co-opeative society Act.
Question # 12
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 13
State Bank of Pakistan Act is
Question # 14
The Bank are called Scheduled Bank which are registered with the.
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 | 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%
|
| 2 | 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
|
| 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 | In the Presence of Clearing House Scheduled Banks keeps. |
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
|
| 5 | Participation term certificates are issued in place of. |
A. Shares
B. Debentures
C. NIT Units
D. All these
|
| 6 | The document acquire to convert non -scheduled into scheduled bank |
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
|
| 7 | 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
|
| 8 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 9 | Important functions of a central bank: |
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
|
| 10 | 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
|
Test Questions
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