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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
What is the objective of clearing house
Question # 2
When was the first central bank of sub-continent established:
Question # 3
Pakistan's central bank was established in:
Question # 4
What are the objectives of monetary policy
Question # 5
Scheduled Banks can keep his totl assets outsinde the country.
Question # 6
Non- Scheduled banks are formed under co-opeative society Act.
Question # 7
Central bank is owned by
Question # 8
Example of Non scheduled is
Question # 9
In the Presence of Clearing House Scheduled Banks keeps.
Question # 10
In case of inflation in the country, the rate of margin is:
Question # 11
Modern central banking system started in
Question # 12
Participation term certificate are issued by.
Question # 13
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 14
If the quatity of money in circulation increases then this situation is called:
Question # 15
If credit money is controlled by the sale and purchase of government securities, it is called
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 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 2 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
|
| 3 | 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
|
| 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 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 6 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
| 7 | 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
|
| 8 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 9 | 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
|
| 10 | 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
|
Test Questions