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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
Ribs Bank of Sweden became central bank in:
Question # 2
Which term is used in connection with monetary policy
Question # 3
Pakistan's central bank was established in:
Question # 4
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 5
The transmission of following is stopped due to clearing house:
Question # 6
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
Question # 7
Central bank provides the following facility to scheduled banks:
Question # 8
Which bank is called the mother or central banks
Question # 9
Non- Scheduled banks are formed under co-opeative society Act.
Question # 10
Example of Non scheduled is
Question # 11
Scheduled Bank Can be registered under SBP Act.
Question # 12
Documents required to conert non scheduled bank into scheduled bank.
Question # 13
What are the objectives of monetary policy
Question # 14
Centrak Bank Act as Lender of Last Resort to.
Question # 15
The Bank are called Scheduled Bank which are registered with the.
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 | 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
|
| 2 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
| 3 | Modern central banking system started in |
A. 18th Century
B. 19th Century
C. 20th Century
D. None of these
|
| 4 | When was the first central bank of sub-continent established: |
A. 1635
B. 1732
C. 1835
D. 1935
|
| 5 | 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
|
| 6 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 7 | 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
|
| 8 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 9 | The central bank works under the rules framed by: |
A. Government
B. People
C. Different banks
D. All of the above
|
| 10 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
Test Questions