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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
Central bank is owned by
Question # 2
It is necessary for scheduled bank to.
Question # 3
The external value of local currency is stablized through:
Question # 4
Example of Non scheduled is
Question # 5
The institution responsible for the contraction and expansion of money in the best interest of general public is called:
Question # 6
The transmission of following is stopped due to clearing house:
Question # 7
What is meant by margin requirement
Question # 8
Min. Paid up capital of scheduled Bank in Pakistan on 31st December 2011 will be.
Question # 9
Modern central banking system started in
Question # 10
Credit money in the country is controlled by
Question # 11
Participation term certificate are issued by.
Question # 12
Documents required to conert non scheduled bank into scheduled bank.
Question # 13
Which bank is called the mother or central banks
Question # 14
Participation term certificates are issued in place of.
Question # 15
Teh section of Banking company ordinance of Paksitan 1962 the minimum Capital Requireemnt of Scheduled Banks in or outside Pakistan is.
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 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)
|
| 2 | 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%
|
| 3 | Under which Section Scheduled Bank are bond to keep 80% of their Asset in country. |
A. Section 38
B. Section 33
C. Section 37
D. Section 40
|
| 4 | 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
|
| 5 | 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
|
| 6 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 7 | Credit money in the country is controlled by |
A. Central bank
B. Commercial bank
C. Industrial bank
D. Agricultural bank
|
| 8 | The Bank are called Scheduled Bank which are registered with the. |
A. Central Bank
B. world Bank
C. Bank of England
D. All the above
|
| 9 | Non- Scheduled banks are formed under co-opeative society Act. |
A. 1932
B. 1925
C. 1984
D. 1911
|
| 10 | The external value of local currency is stablized through: |
A. Monetary policy
B. Increase in prices
C. Trade policy
D. All of the above
|
Test Questions
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