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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
The Bank are called Scheduled Bank which are registered with the.
Question # 2
The external value of local currency is stablized through:
Question # 3
If the quatity of money in circulation increases then this situation is called:
Question # 4
What is the objective of clearing house
Question # 5
Important functions of a central bank:
Question # 6
What is meant by margin requirement
Question # 7
Which function does a central bank not perform
Question # 8
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 9
Which is the quantitative method of credit control
Question # 10
Scheduled Banks can keep his totl assets outsinde the country.
Question # 11
Ribs Bank of Sweden became central bank in:
Question # 12
Non -Scheduled banks are formed under.
Question # 13
Non- Scheduled banks are formed under co-opeative society Act.
Question # 14
The document acquire to convert non -scheduled into scheduled bank
Question # 15
In the Presence of Clearing House Scheduled Banks keeps.
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 co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 2 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 3 | 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
|
| 4 | 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
|
| 5 | 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
|
| 6 | Qualitative methods of monetary policy do not include: |
A. Direct actions
B. Publicity
C. Bank rate policy
D. Moral pursuation
|
| 7 | Participation term certificate are issued by. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society
|
| 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 | Documents required to conert non scheduled bank into scheduled bank. |
A. Memorandum of Association
B. Articles of Association
C. Audited Annual Report
D. All the above
|
| 10 | Which is the quantitative method of credit control |
A. Change in reserve ratio
B. Change in margin requirement
C. Selective control
D. Publicity
|
Test Questions
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