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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
Scheduled bank is bound to keep with the Country.
Question # 2
Under which Section Scheduled Bank are bond to keep 80% of their Asset in country.
Question # 3
Scheduled Bank Can be registered under SBP Act.
Question # 4
Modern central banking system started in
Question # 5
Central bank bank supervises one of the following systems of a country:
Question # 6
If the quatity of money in circulation increases then this situation is called:
Question # 7
Qualitative methods of monetary policy do not include:
Question # 8
The document acquire to convert non -scheduled into scheduled bank
Question # 9
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 10
In case of inflation in the country, the rate of margin is:
Question # 11
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 12
The Bank are called Scheduled Bank which are registered with the.
Question # 13
The external value of local currency is stablized through:
Question # 14
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 15
Credit money in the country is controlled by
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 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 2 | 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
|
| 3 | 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
|
| 4 | 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%
|
| 5 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 6 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 7 | 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
|
| 8 | Which function does a central bank not perform |
A. Credit creation
B. Advancing loans
C. Lender of last resort
D. Banker of the public
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| 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 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