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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
If the quatity of money in circulation increases then this situation is called:
Question # 3
Central bank is owned by
Question # 4
What is the objective of clearing house
Question # 5
Example of Non scheduled is
Question # 6
The central bank works under the rules framed by:
Question # 7
If credit money is controlled by the sale and purchase of government securities, it is called
Question # 8
Documents required to conert non scheduled bank into scheduled bank.
Question # 9
What is meant by margin requirement
Question # 10
Scheduled bank is bound to keep with the Country.
Question # 11
Non -Scheduled banks are formed under.
Question # 12
In the Presence of Clearing House Scheduled Banks keeps.
Question # 13
Central bank provides the following facility to scheduled banks:
Question # 14
State Bank of Pakistan Act is
Question # 15
Scheduled Banks are registred under state bank act.
ICOM Part 2 English Medium Principles of Banking Chapter 4 MCQ's Test
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K KHALIL UR REHAMAN 12 - Aug - 2022 02 Min 18 Sec 14/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Ribs Bank of Sweden became central bank in: |
A. 1568
B. 1668
C. 1768
D. None of the above
|
| 2 | State Bank of Pakistan Act is |
A. 1932
B. 1962
C. 1984
D. 1997
|
| 3 | 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
|
| 4 | Which form of automated payment would be better in paying wages to employee |
A. BACS
B. Standing order
C. Direct Debit
D. Credit transfer
|
| 5 | 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
|
| 6 | Important functions of a central bank: |
A. To issue currency notes
B. To provide banking facilities to government
C. To advise commercial banks
D. All of the above
|
| 7 | If the quatity of money in circulation increases then this situation is called: |
A. Inflation
B. Deflation
C. Money market
D. All of the above
|
| 8 | What are the objectives of monetary policy |
A. Stability in price
B. Exchange stability
C. Stability in capital market
D. All of the above
|
| 9 | Scheduled Banks are registred under state bank act. |
A. 1956
B. 1984
C. 1962
D. 1932
|
| 10 | Central bank provides the following facility to scheduled banks: |
A. Feast
B. Godown
C. Clearing house
D. None of the above
|
Test Questions