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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
Centrak Bank Act as Lender of Last Resort to.
Question # 2
What is the objective of clearing house
Question # 3
Credit money in the country is controlled by
Question # 4
Important functions of a central bank:
Question # 5
The transmission of following is stopped due to clearing house:
Question # 6
Participation term certificates are issued in place of.
Question # 7
Qualitative methods of monetary policy do not include:
Question # 8
Documents required to conert non scheduled bank into scheduled bank.
Question # 9
Ribs Bank of Sweden became central bank in:
Question # 10
The central bank works under the rules framed by:
Question # 11
Which is the quantitative method of credit control
Question # 12
Central bank bank supervises one of the following systems of a country:
Question # 13
Modern central banking system started in
Question # 14
What are the objectives of monetary policy
Question # 15
State Bank of Pakistan Act 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 | Pakistan's central bank was established in: |
A. 1947
B. 1948
C. 1949
D. 1950
|
| 2 | Non -Scheduled banks are formed under. |
A. Sole trader ship
B. Firm
C. Joint Stock Co.
D. Co-operative society Act
|
| 3 | Centrak Bank Act as Lender of Last Resort to. |
A. Scheduled Bank
B. Foreign Bank
C. Non-Sheduled bank
D. All the above
|
| 4 | 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
|
| 5 | In the Presence of Clearing House Scheduled Banks keeps. |
A. Less Cash Reserve
B. More Cash Reserve
C. No cash reserve
D. Fixed cash reserved
|
| 6 | 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
|
| 7 | Under which Section Scheduled Bank can open new branch. |
A. Section 38
B. Section 39
C. Section 40
D. Section 41
|
| 8 | 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
|
| 9 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 10 | In case of inflation in the country, the rate of margin is: |
A. Increased
B. Reduced
C. Waived
D. All of the above
|
Test Questions