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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
Modern central banking system started in
Question # 2
Which principle is followed by central bank to issue currency notes
Question # 3
Example of Non scheduled is
Question # 4
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 5
Scheduled bank is bound to keep with the Country.
Question # 6
Which form of automated payment would be better in paying wages to employee
Question # 7
Which is the quantitative method of credit control
Question # 8
In case of inflation in the country, the rate of margin is:
Question # 9
Important functions of a central bank:
Question # 10
In the Presence of Clearing House Scheduled Banks keeps.
Question # 11
Scheduled Banks are registred under state bank act.
Question # 12
Which term is used in connection with monetary policy
Question # 13
Central bank bank supervises one of the following systems of a country:
Question # 14
Documents required to conert non scheduled bank into scheduled bank.
Question # 15
Central bank provides the following facility to scheduled banks:
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 | It is necessary for scheduled bank to. |
A. Obey SBP
B. Submit report to SBP
C. Get the Book checked
D. All the above
|
| 2 | 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
|
| 3 | 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
|
| 4 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
| 5 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 6 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 7 | 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
|
| 8 | The transmission of following is stopped due to clearing house: |
A. Credit money
B. Metallic money
C. Cash money
D. All of the above
|
| 9 | Central bank is owned by |
A. Public
B. Government
C. Commercial baks
D. All of the above
|
| 10 | Scheduled Banks can keep his totl assets outsinde the country. |
A. 80%
B. 60%
C. 40%
D. 20%
|
Test Questions