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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 principle is followed by central bank to issue currency notes
Question # 2
Example of Non scheduled is
Question # 3
Scheduled Bank Can be registered under SBP Act.
Question # 4
Which method or methods are prevailing in Pakistan for issuing notes
Question # 5
Scheduled bank is bound to keep with the Country.
Question # 6
Under which Section Scheduled Bank can open new branch.
Question # 7
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 8
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 9
What is the purpose of monetary policy
Question # 10
Participation term certificate are issued by.
Question # 11
Central Bank provide the facility to Scheduled Banks.
Question # 12
The Bank are called Scheduled Bank which are registered with the.
Question # 13
The transmission of following is stopped due to clearing house:
Question # 14
Qualitative methods of monetary policy do not include:
Question # 15
The document acquire to convert non -scheduled into scheduled bank
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 | 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
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| 2 | 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%
|
| 3 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
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| 4 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 5 | Which term is used in connection with monetary policy |
A. Bank rate
B. Exchange rate
C. Wage rate
D. Market rate
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| 6 | 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
|
| 7 | 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
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| 8 | Which bank is called the mother or central banks |
A. Reserve bank of India
B. Bank of England
C. State Bank of Pakistan
D. Bank of Venice
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| 9 | The document acquire to convert non -scheduled into scheduled bank |
A. Prospectus
B. Debentures
C. By laws copy
D. Audited Annual Report
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| 10 | 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
|
Test Questions
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