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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
Pakistan's central bank was established in:
Question # 2
What is the objective of clearing house
Question # 3
Can open new branch without the consent of Centrla Branch.
Question # 4
State Bank of Pakistan Act is
Question # 5
Central bank provides the following facility to scheduled banks:
Question # 6
Non- Scheduled banks are formed under co-opeative society Act.
Question # 7
Important functions of a central bank:
Question # 8
Participation term certificate are issued by.
Question # 9
The document acquire to convert non -scheduled into scheduled bank
Question # 10
Which principle is followed by central bank to issue currency notes
Question # 11
The external value of local currency is stablized through:
Question # 12
Scheduled Banks are registred under state bank act.
Question # 13
Which form of automated payment would be better in paying wages to employee
Question # 14
Central bank is owned by
Question # 15
What is meant by margin requirement
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 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
| 2 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
| 3 | The institution responsible for the contraction and expansion of money in the best interest of general public is called: |
A. Commercial bank
B. Clearing house
C. Central bank
D. Chamber of commerce
|
| 4 | Non -Scheduled bank menas a bank which is not registred with. |
A. Stock Exchange
B. World Bank
C. Central Bank
D. Scheduled bank
|
| 5 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 6 | Central Bank provide the facility to Scheduled Banks. |
A. Rediscounting Bills
B. Clearing House
C. Transfer of Money
D. All the above
|
| 7 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 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 | 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 | 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
|
Test Questions