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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
Non- Scheduled banks are formed under co-opeative society Act.
Question # 3
Centrak Bank Act as Lender of Last Resort to.
Question # 4
Non -Scheduled banks are formed under.
Question # 5
Important functions of a central bank:
Question # 6
In the Presence of Clearing House Scheduled Banks keeps.
Question # 7
Participation term certificates are issued in place of.
Question # 8
Central Bank provide the facility to Scheduled Banks.
Question # 9
Which function does a central bank not perform
Question # 10
The central bank works under the rules framed by:
Question # 11
If the quatity of money in circulation increases then this situation is called:
Question # 12
Which bank is called the mother or central banks
Question # 13
What is the purpose of monetary policy
Question # 14
The external value of local currency is stablized through:
Question # 15
What is the objective of clearing house
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 which Section Scheduled Bank are bond to keep 80% of their Asset in country. |
A. Section 38
B. Section 33
C. Section 37
D. Section 40
|
| 2 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 3 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 4 | 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
|
| 5 | 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
|
| 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 | 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%
|
| 8 | Scheduled Bank Can be registered under SBP Act. |
A. 1956 Sec. 38 (1)
B. 1957 Sec. 37 (1)
C. 1956 Sec. 137 (1)
D. 1956 Sec. 43(1)
|
| 9 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 10 | 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
|
Test Questions
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